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Kansas City Southern (KSU) Beats on Q2 Earnings

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Kansas City Southern (KSU - Free Report) 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. 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 $1.22 per share handsomely beat Zacks Consensus Estimate of $1.04 Earnings increased 18.4% on a year-over-year basis.

KANSAS CITY SOU Price and EPS Surprise


Revenue: Kansas City Southern reported revenues of $569 million which fell short of the Zacks Consensus Estimate of $574 million. Revenues decreased 3% on a year-over-year basis.

Key Stats to Note: Kansas City Southern reported operating ratio of 61.3% in the reported quarter as against 68.1% in the year-ago quarter. Energy revenues fell 16% mainly due to below par performances of Frac Sand apart from coal & petroleum coke. Carload volumes remained flat on a year-over-year basis..

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

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