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.
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 first quarter 2017 earnings (on an adjusted basis) of $1.17 per share were in line with the Zacks Consensus Estimate. Earnings improved 13.6% on a year-over-year basis.
Revenue: Kansas City Southern reported revenues of $609.5 million which beat the Zacks Consensus Estimate of $604.7 million. Revenues improved 8.3% on a year-over-year basis.
Key Stats to Note: Kansas City Southern reported operating ratio of 65.4% in the reported quarter, reflecting an improvement of 120 basis points on a year-over-year basis. Operating income improved 12% to $211 million.
Check back later for our full write up on this Kansas City Southern earnings report later!
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