CSX Corp. reported second-quarter net earnings rose 15 percent to $510 million from $445 million during the same period last year, as the Class I continued its restructuring under President and Chief Executive Officer E. Hunter Harrison.
Q2 earnings per share increased to 55 cents for the quarter from 47 cents a year ago. Without a $122 million restructuring charge taken during the quarter, the Class I's adjusted earnings per share was 64 cents, CSX officials said in a press release.
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