Kansas City Southern Q1 adjusted earnings Beat Estimates
Kansas City Southern (KSU) revealed earnings for first quarter that fell from the same period last year.
The company’s bottom line came in at $102.7 million, or $1.02 per share. This compares with $144.4 million, or $1.40 per share, in last year’s first quarter.
Excluding items, Kansas City Southern reported adjusted earnings of $154.9 million or $1.54 per share for the period.
Analysts had expected the company to earn $1.44 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 5.7% to $674.8 million from $638.6 million last year.
Kansas City Southern earnings at a glance:
-Earnings (Q1): $154.9 Mln. vs. $133.8 Mln. last year.
-EPS (Q1): $1.54 vs. $1.30 last year.
-Analysts Estimate: $1.44
-Revenue (Q1): $674.8 Mln vs. $638.6 Mln last year.
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