CSX profit jumps 36 percent

KANSAS CITY (Reuters) - U.S. railroad CSX Corp said on Monday that its profit rose 36 percent in the second quarter, beating analysts' expectations, as volume improved across the varied market the company serves.

CSX said net income totaled $414 million, or $1.07 per share, compared with $305 million, or $0.77 cents a share, in the same period last year.

Not counting discontinued operations, net income rose 47 percent and earnings per share were up 51 percent from a year earlier.

Analysts on average were expecting 98 cents a share, according to Thomson Reuters I/B/E/S.

Jacksonville, Fla.-based CSX said revenue in the second quarter increased 22 percent from the prior year to nearly $2.7 billion.

Revenue growth and continued operating leverage drove record operating income of $768 million and an operating ratio of 71.2 percent.

(Reporting by Carey Gillam; editing by Andre Grenon)