DST Systems (DST) Tops Q2 EPS by 8c

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DST Systems, Inc. Announces Second Quarter 2016 Financial Results

July 21, 2016 6:30 AM EDT

KANSAS CITY, Mo., July 21, 2016 /PRNewswire/ -- DST Systems, Inc. (NYSE: DST) reported consolidated net income attributable to DST of $53.0 million ($1.58 per diluted share) for the second quarter 2016 compared to $107.5 million ($2.91 per diluted share) for the second quarter 2015. Net income attributable to DST for the six months ended June 30, 2016 was $111.1 million ($3.28 per diluted share) compared to $215.3 million ($5.78 per diluted share) for the six months ended June 30, 2015.

Income from continuing operations (excludes discontinued operations) attributable to DST Systems, Inc. ("DST Earnings") was $34.3 million ($1.03 per diluted share) for the second quarter 2016 compared to $95.5 million... More