Kansas City Southern (KSU) Tops Q2 EPS by 1c

Kansas City Southern (NYSE: KSU) reported Q2 EPS of $1.03, $0.01 better than the analyst estimate of $1.02. Revenue for the quarter came in at $586 million versus the consensus estimate of $602.78 million.

*** NOTE: Q2 EPS was flat sequentially and down from $1.21 posted in the same period last year.

Second quarter revenue declined in all commodity groups except Chemicals & Petroleum, which grew 1%. Energy revenue declined 46% driven by lower volumes in utility coal due to lower natural gas prices and in frac sand volumes as a result of the significant decline in U.S. drilling operations.

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

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