Kansas City Southern Reports Third Quarter Results
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Kansas City Southern (KSU) Tops Q3 EPS by 6c, Revenues Miss; Expects Adj. EPS to be 'Slightly Higher on YoY Basis'
October 16, 2020 8:04 AM EDTKansas City Southern (NYSE: KSU) reported Q3 EPS of $1.96, $0.06 better than the analyst estimate of $1.90. Revenue for the quarter came in at $659.6 million versus the consensus estimate of $662.69 million.
As KCS' outlook improves, the Company has updated and improved elements of its 2020 guidance. The Company now expects adjusted diluted earnings per share to be slightly higher on a year over year basis, and full-year 2020 adjusted operating ratio to be on the low end of the 60% to 61% range. Additionally, previously provided 2020 capital expenditure guidance remains... More
