Kansas City Southern (KSU) announced earnings for its first quarter that rose from last year.
The company said its bottom line totaled $124.1 million, or $1.17 per share. This was higher than $111.3 million, or $1.03 per share, in last year's first quarter.
Analysts had expected the company to earn $1.16 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 8.3% to $609.5 million. This was up from $562.7 million last year.
Kansas City Southern earnings at a glance:
-Earnings (Q1): $124.1 Mln. vs. $111.3 Mln. last year.
-Earnings Growth (Y-o-Y): 11.5%
-EPS (Q1): $1.17 vs. $1.03 last year.
-EPS Growth (Y-o-Y): 13.6%
-Analysts Estimate: $1.16
-Revenue (Q1): $609.5 Mln vs. $562.7 Mln last year.
-Revenue Change (Y-o-Y): 8.3%
by RTT Staff Writer
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