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Kansas City Southern (KSU) Misses on Q4 Earnings

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Kansas City Southern through its various subsidiaries and alliances, provides rail transportation services over a network of more than 25,000 route miles across the U.S., Canada and Mexico. The Kansas City, MO- based company’s coordinated rail network provides shippers with an effective alternative by giving direct access to Mexico, the south-east and south-west United States through less congested interchange hubs. Kansas City Southern continues to face the brunt of weak domestic coal shipments.

Currently, Kansas City Southern has a Zacks Rank # 3 (Hold), but that could definitely change following Kansas City Southern earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: Kansas City Southern’s earnings (on an adjusted basis) of $1.12 per share, missing the Zacks Consensus Estimate of $1.17 Earnings decreased 9% on a year-over-year basis.

Kansas City Southern Price and EPS Surprise

 

Kansas City Southern Price and EPS Surprise | Kansas City Southern Quote

Revenue: Kansas City Southern reported revenues of $599 million which fell short of the Zacks Consensus Estimate of $608.1 million. Revenues were flat on a year-over-year basis.

Key Stats to Note: Kansas City Southern reported operating ratio of 64.8% in the reported quarter as against 63.4% in the year-ago quarter. Operating income declined 4% to $211 million.

Check back later for our full write up on this Kansas City Southern earnings report later!

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