By Josh Beckerman
CSX said it is reviewing the capitalization of prior-period engineering materials and labor.
The railroad company said Monday that excluding the results of this review, it still expects to improve operating income and operating margin on a sequential basis in the second quarter.
CSX is scheduled to report second-quarter results after the market close Aug. 5. The company said the release date reflects the review.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
07-08-24 1829ET