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DST Systems (DST) Stock Tumbles on Q3 Revenue Miss

NEW YORK (TheStreet) -- Shares of DST Systems (DST) were falling 15.17% to $95.77 on heavy trading volume late Thursday afternoon after reporting lower-than-expected revenue for the 2016 third quarter.

Before the market open, the Kansas City-based diversified data processing company said operating revenue rose 3.4% year-over-year to $365.5 million. But analysts were looking for $382.3 million in revenue.

Adjusted earnings of $1.53 per share beat analysts' estimates of $1.49 per share

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