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Kansas City Southern (KSU) Stock Jumps on Q1 Earnings Beat

NEW YORK (TheStreet) -- Shares of Kansas City Southern (KSU - Get Report) are rising by 4.3% to $95.40 on heavy trading volume late Tuesday afternoon, after the company released better-than-expected earnings results for the 2016 first quarter.

Before today's market open, the Kansas City, MO-based railroad company posted adjusted earnings of $1.03 per diluted share, beating analysts' estimates of 97 cents per share.

Revenue fell by 7% to $562.7 million year-over-year and missed Wall Street's expectations of $566.2 million.

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