JACKSONVILLE, Fla. (AP) _ CSX Corp. (CSX) on Wednesday reported fourth-quarter earnings of $1.02 billion.

The Jacksonville, Florida-based company said it had net income of 49 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.

The freight railroad posted revenue of $3.73 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $3.72 billion.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CSX at https://www.zacks.com/ap/CSX

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