CSX Corporation reported its third-quarter earnings, revealing an 8% rise in profit despite missing profit estimates due to sluggish coal volumes. The company generated $3.62 billion in revenue, a 1% year-over-year increase, driven by growth in merchandise and intermodal volume, and merchandise pricing gains. However, this was partially offset by a decline in coal revenue. CSX also warned that hurricane damage and lower fuel prices will impact the current period, with rebuild costs likely exceeding $200 million and construction extending into next year. The company affirmed its FY24 capital expenditure at approximately $2.5 billion, excluding hurricane rebuild costs. For Q4, CSX expects volume to grow modestly but revenue to decline moderately, impacting sequential operating margins. CSX stock fell 4.1% pre-market following the announcement.