CSX Corp.’s new CEO Hunter Harrison is off to a strong start as the earnings for his first full quarter at the company exceeded expectations.
The second quarter boasted a 2 percent rise in revenue to $2.93 billion and 8 percent drop in expenses to $1.98 billion compared to the first quarter of 2017. These resulted in net earnings of $510 million, $148 million more than last quarter. Earnings per fully diluted share jumped from $.39 to $.55.
Compared to last year’s second quarter, revenue is up…