CSX Projects Continued Growth Through 2015
Only a few weeks after announcing its planned 3 for 1 stock split, CSX revealed during its annual conference that it expects yearly double-digit growth in its per share earnings and income through 2015.
Through a press release issued on Wednesday, the Jacksonville based railway company expects a growth rate of up to 20 percent in share earnings per year, as well as annual operating income growth of approximately 14 percent. CSX also reaffirmed its goal to reinvest an average of 18 percent of its revenue back into its various business systems through 2015.
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