Kansas City Southern

Services | Railroads | USA

Kansas City Southern Delivers Gains Following Earnings Beat

The railroad operator tops first-quarter earnings estimates by 10 cents a share.

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The company reported first-quarter net income of $1.54 per share on a 6% increase in revenue to $675 million. Those totals topped analysts' expectations of earnings of $1.44 per share on revenue of $669 million.

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https://www.thestreet.com/investing/earn...yptr=yahoo

Kansas City Southern (KSU) Q4 Earnings Beat, Revenues Lag

Kansas City Southern’s KSU fourth-quarter 2019 earnings (excluding 52 cents from non-recurring items) of $1.82 beat the Zacks Consensus Estimate by a penny. Moreover, the bottom line improved 17% on a year-over-year basis. The year-over-year improvement resulted from a better operational performance.

This Kansas City, MO-based railroad operator, however, reported lower-than-expected revenues. Quarterly revenues of $729.5 million fell short of the Zacks Consensus Estimate of $738.3 million. However, the top line improved 5.1% on a year-over-year basis, mainly owing to strong performances at the Chemicals and Petroleum and the Agriculture & Minerals units. Overall, carload volumes declined 1% mainly due to weakness in the Automotive and Intermodal segments.


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https://finance.yahoo.com/news/kansas-ci...06831.html