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CSX Corp

CSX Corp.'s earnings more than doubled from the same period last year. At $390 million, or $166 through share, earnings include insurance recoveries from Hurricane Katrina and tax-associated benefits, which account for a gain of $050 for share. Excluding this year's one-time items, CSX would have supported earnings of $1.16 per share, or a 21% increase above the 2005 period's $0.96 through share. Surface Transportation revenues reached $24 billion, increasing 12% Including insurance recoveries. the division recorded operating income of $645 million, a 52% rise. Without those recoveries, CSX would have reported an operating income of $519 million, up 23%



COPYRIGHT 2006 Simmons-Boardman Publishing Corporation

COPYRIGHT 2006 Gale Group



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