CSX (CSX) Q1 FY26 earnings call

CSX's quarter is a self-help story: a broad productivity program under new operating leadership converted flat-ish top-line into outsized income and margin gains, and management is already building a 2027 cost pipeline to make the 'productivity muscle' durable. The raised outlook leans mostly on higher fuel-linked revenue rather than volume recovery, with housing- and auto-tied markets still soft and network fluidity work temporarily elevating dwell.