Kansas City Southern (KSU) Tops Q1 EPS by 6c

April 19, 2016 8:11 AM EDT
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Price: $293.59 --0%

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Equipment costs: 32M

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Kansas City Southern (NYSE: KSU) reported Q1 EPS of $1.03, $0.06 better than the analyst estimate of $0.97. Revenue for the quarter came in at $563 million versus the consensus estimate of $566.22 million.

“Despite flooding that shut down key portions of our U.S. rail network for over three weeks, KCS delivered solid earnings and operating results,” stated KCS Chief Executive Officer David L. Starling. “That we overcame this very significant challenge while simultaneously scaling costs across the network clearly demonstrates KCS’ ability to react quickly to rapid and unexpected changes to its operating environment.”

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



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