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CSX Reports Review Of Capitalization Of Prior Period Engineering Materials And Labor; Expects Results Of This Review Not To Impact Free Cash Flow In Past Or Future Periods

Author: Benzinga Newsdesk | July 08, 2024 06:04pm

CSX will release second quarter financial and operating results after the market close on Monday, August 5, 2024.

This release date reflects the Company's review of the capitalization of prior period engineering materials and labor.

The results of this review are not expected to impact free cash flow in past or future periods. Excluding the results of this review, the Company still expects to improve both operating income and operating margin on a sequential basis in the second quarter, and management will provide more details on the earnings call.

Posted In: CSX

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