Kansas City Southern (KSU) Tops Q4 EPS by 4c

Kansas City Southern (NYSE: KSU) reported Q4 EPS of $1.27, $0.04 better than the analyst estimate of $1.23. Revenue for the quarter came in at $643 million versus the consensus estimate of $658.72 million.

“Kansas City Southern achieved record financial results with growth in all six commodity groups in 2014,” stated President and Chief Executive Officer David L. Starling. “Strong volume growth in our Agriculture & Minerals and Automotive commodity groups contributed to a record adjusted operating ratio of 67.1%, a reduction of 1.7 points over the prior year’s operating ratio.

“KCS met its stated target of high-single digit year-over-year revenue growth, coming in 9% higher than 2013. The Company reported adjusted diluted earnings per share of $4.82, which marks the fifth consecutive year KCS has recorded a double-digit percentage increase in its adjusted diluted earnings per share.

“Looking ahead to 2015, we believe KCS is well-positioned to maintain its growth momentum driven by a strengthening economy and unique franchise opportunities. We expect to see positive developments in a wide-range of commodity groups, including automotive, intermodal, and chemical & petroleum products. And, while there is significant volatility in the energy markets, KCS anticipates volume growth in crude oil traffic originating in Canada and terminating at various Gulf locations. These exciting growth areas provide visibility to continued growth over the next decade.”

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

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Newton Golf Company (NWTG) Reports Q2 Loss of $0.49
• Silexion Therapeutics (SLXN) Tops Q2 EPS by 793c