Zacks
0
All posts from Zacks
Zacks in Our Research. Your Success.,

Kansas City Southern (KSU) Beats Earnings, Misses Revs

Kansas City Southern KSU through its various subsidiaries and alliances, provides rail transportation services over a network of more than 25,000 route miles across the U.S., Canada and Mexico. The company’s coordinated rail network provides shippers with an effective alternative by giving direct access to Mexico, the south-east and south-west United States through less congested interchange hubs.

Kansas City Southern continues to face the brunt of weak domestic coal shipments. Moreover, a volatile Mexican peso against the strong U.S. dollar and lower coal prices due to soft demand globally have compelled this MO-based company to trim its 2015 revenue and volume outlook.

Currently, Kansas City Southern has a Zacks Rank #3 (Hold), but that could definitely change following Kansas City Southern earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: Kansas City Southern reported earnings of $1.03 per share which easily surpassed the Zacks consensus estimate of 97 cents per share. Investors should note that these figures take out stock option expenses.

Revenue: Kansas City Southern reported revenues of $562.7 million. This missed our consensus estimate of $564 million.

Key Stats to Note: Kansas City Southern reported operating ratio of 66.6% in the reported quarter as against 70.5% in the year-earlier quarter. Energy revenues fell 37% mainly buoyed by 22% drop in coal volumes.

Check back later for our full write up on this Kansas City Southern earnings report later!

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.  Click to get this free report >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
KANSAS CITY SOU (KSU): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research