Kansas City Southern (KSU) Misses Q1 EPS by 5c

Kansas City Southern (NYSE: KSU) reported Q1 EPS of $1.03, $0.05 worse than the analyst estimate of $1.08. Revenue for the quarter came in at $603 million versus the consensus estimate of $608.85 million.

"Lower-than-expected carloadings in a few commodity groups, particularly utility coal, coupled with a weak peso and the impact of low U.S. fuel prices on fuel surcharge revenues, combined to exert pressure on first quarter consolidated revenues" stated Chief Executive Officer David L. Starling. "We believe our ability to scale operating expenses and capital where necessary, provide KCS with the opportunity to improve earnings as 2015 progresses. In addition, we remain fully committed to managing our railroad in a manner designed to allow our Company and its stockholders to benefit from the abundant growth opportunities that should emerge in the years ahead."

For earnings history and earnings-related data on Kansas City Southern (KSU) click here.

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