Railroad CSX Corp says severe winter to hit quarterly profit

March 12 Wed Mar 12, 2014 9:38am EDT

March 12 (Reuters) - U.S. railroad CSX Corp said severe winter weather will likely reduce first-quarter earnings by about 10 cents per share.

The company expects full-year earnings to grow at a more modest rate than previously forecast, Chief Financial Officer Fredrik Eliasson said at a JP Morgan conference in New York City.