Back to top

Image: Bigstock

Kansas City Southern (KSU) Beats on Q2 Earnings

Read MoreHide Full Article

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 # 2 (Buy), 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 $1.33 per share beat the Zacks Consensus Estimate of $1.26. Earnings improved 9.02% 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 $656.4 million which beat the Zacks Consensus Estimate of $620.6 million. Revenues improved 15.46% on a year-over-year basis.

Key Stats to Note: Kansas City Southern reported operating ratio of 63.5% in the reported quarter, compared with 61.3% a year-ago. Operating income improved 9% to $239 million.

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

Will You Make a Fortune on the Shift to Electric Cars?                                                                                                               

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>

Published in