Kansas City Southern (KSU) Tops Q2 EPS by 5c

Kansas City Southern (NYSE: KSU) reported Q2 EPS of $1.33, $0.05 better than the analyst estimate of $1.28. Revenue for the quarter came in at $656 million versus the consensus estimate of $626.27 million.

• Record second quarter revenues of $656 million, an increase of 15% from second quarter 2016 on a 6% increase in carloads
• All-time record quarterly operating income of $239 million, an increase of 9% from second quarter 2016
• Operating ratio of 63.5%, compared with 61.3% in second quarter 2016
• Record second quarter diluted earnings per share of $1.27, an increase of 14% compared to second quarter 2016. Adjusted diluted earnings per share of $1.33, an increase of 9% compared to second quarter 2016.

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

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