DST Systems (DST) Tops Q1 EPS by 13c

DST Systems (NYSE: DST) reported Q1 EPS of $1.61, ex-items, $0.13 better than the analyst estimate of $1.48. Revenue for the quarter came in at $745.8 million versus the consensus estimate of $717.97 million.

"Overall, we are pleased with our first quarter operating results particularly in our Healthcare business which delivered double digit growth over prior year. We have also achieved revenue growth in our Financial Services segment as the benefits of our recent acquisitions are coming through in this quarter's results and we continue to generate margin expansion in our Customer Communications business," said Steve Hooley, Chairman, CEO and President of DST. "We continue to deliver in line with our overall strategic plan. This includes a focus on growing revenue through organic opportunities and targeted acquisitions, and making investments in our businesses to prepare and position DST for the future."

For earnings history and earnings-related data on DST Systems (DST) click here.

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