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