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Analysts See Better Earnings Coming By Land Or By Air?

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CSX Corporation NYSE:CSX, Delta Air Lines Inc. New NYSE:DAL - Analysts See Better Earnings Coming By Land Or By Air?
  • Two transportation giants are expected to report their latest quarterly results this week.
  • Wall Street analysts are looking for earnings growth from only one of them.
  • Some big banks are scheduled to report earnings this week as well.

The new earnings season kicks off this week, and among the earliest to report their first-quarter results will be transportation giants CSX Corporation CSX 0.73% and Delta Air Lines, Inc. DAL 1.07%.

Wall Street analysts expect strong bottom-line results from the Atlanta-based airline, but a modest earnings decline from the Florida-based rail giant, judging by the consensus forecasts. However, top-line weakness is expected from both of them.

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