Kansas City Southern (KSU) Tops Q3 EPS by 1c, Beats on Revenues

Kansas City Southern (NYSE: KSU) reported Q3 EPS of $1.35, $0.01 better than the analyst estimate of $1.34. Revenue for the quarter came in at $657 million versus the consensus estimate of $655.82 million.

Third Quarter 2017 Results

• Third quarter revenues of $657 million, an increase of 9% from third quarter 2016 on a 3% increase in carloads
• Record third quarter operating income of $234 million, representing a 17% increase from third quarter 2016
• Operating ratio of 64.4%, a third quarter record and an improvement of 2.5 points from third quarter 2016
• Third quarter diluted earnings per share of $1.23, an increase of 10% compared to third quarter 2016. Adjusted diluted earnings per share of $1.35, a third quarter record and an increase of 21% compared to third quarter 2016

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

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