Kansas City Southern (KSU) Beats on Q3 Earnings

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.

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 (excluding 12 cents from non-recurring items) of $1.35 per share beat the Zacks Consensus Estimate of $1.32. Earnings improved 20.5% on a year-over-year basis.

Revenue: Kansas City Southern reported revenues of $657 million which beat the Zacks Consensus Estimate of $647.9 million. Revenues improved 9% on a year-over-year basis.

Key Stats to Note: Kansas City Southern reported operating ratio of 64.4% in the reported quarter, compared with 66.9% in the year ago quarter. Operating income improved 17% to $234 million.

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

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