Kansas City Southern Reports Third Quarter 2016

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UPDATE: Seaport Global Securities Starts Kansas City Southern (KSU) at Accumulate

October 19, 2016 7:43 AM EDT

(Updated - October 19, 2016 9:34 AM EDT)

Seaport Global Securities initiated coverage on Kansas City Southern (NYSE: KSU) with an Accumulate rating and a price target of $104. Analyst Mark A. Levin thinks concerns create opportunity.

"Our target assumes the shares trade to 20x our... More

Kansas City Southern (KSU) Misses Q3 EPS by 10c

October 18, 2016 8:04 AM EDT

Kansas City Southern (NYSE: KSU) reported Q3 EPS of $1.12, $0.10 worse than the analyst estimate of $1.22. Revenue for the quarter came in at $605 million versus the consensus estimate of $602.68 million.

Kansas City Southern faced a challenging third quarter as extraneous events, including flooding outages and... More