What factors could boost CSX's EPS in the next quarter?

**CSX's EPS is likely to be boosted in the next quarter due to a combination of strategic adjustments, robust growth areas, and efficient operational management.** Here's a detailed analysis:

1. **Intermodal Growth**: CSX has seen a significant increase in intermodal volume, up 7% compared to the previous quarter. This segment's continued growth is expected to positively impact EPS as intermodal typically contributes positively to revenue and profitability.
2. **Coal Volume Increase**: Coal volume has risen by 2%, which, although modest, can contribute to higher revenues. Coal revenue remained flat year-over-year with a 2% volume growth offset by a 2% decline in all-in RPU, indicating a potential for improved profitability if cost efficiencies can be maintained or improved.
3. **Merchandise Volume Recovery**: While merchandise volume was down 6% due to declines in agriculture and minerals, the company has seen a 1% increase in Revenue Per Unit (RPU) and a 1% increase in merchandise revenues compared to last year. A recovery in merchandise volumes, especially in areas like agriculture and minerals, could lead to higher EPS as volume and RPU align.
4. **Automotive Growth**: Automobile volumes increased by 9.3%, a significant growth area that can contribute positively to EPS as automotive traffic often carries higher revenue per unit than other traffic types.
5. **Strategic Adjustments and Operational Efficiency**: CSX has demonstrated resilience with strategic adjustments and improvements in operational efficiency. These efforts are likely to translate into better margins and potentially higher EPS as the company continues to optimize its network and reduce costs.
6. **Fuel Costs**: Fuel costs were lower due to a 10% decrease in locomotive fuel prices. This reduction in fuel expenses can contribute to higher net income and potentially higher EPS if other costs are managed effectively.
7. **Investor Confidence and Potential Investments**: The significant increase in CSX's stake by Tiaa Fsb reflects bullish investor sentiment and confidence in CSX's future prospects. This could lead to increased investments in the company, potentially boosting EPS through capitalizing on growth opportunities.

In summary, CSX's focus on strategic growth areas, operational efficiency, and cost management positions it well for potential EPS growth in the next quarter.