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CSX Stock Gains Ahead of Wednesday's Q2 Earnings

NEW YORK (TheStreet) -- CSX (CSX) stock is up 0.53% to $26.67 this afternoon as the company prepares to report 2016 second quarter earnings on Wednesday after market close.

CSX is a Jacksonville, FL-based transportation company.

Analysts surveyed by Thomson Reuters estimate earnings of 44 cents per share on revenue of $2.703 billion for the second quarter of 2016.

For the 2015 second quarter, the company reported record earnings of 56 cents per share on revenue of $3.06 billion.

Coal is expected to decline 17% in 2016 for the U.S....


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