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Kansas City Southern Q3 adjusted earnings Inline With Estimates

Kansas City Southern (KSU) released a profit for its third quarter that advanced from last year.

The company's profit totaled $173.5 million, or $1.70 per share. This compares with $129.2 million, or $1.23 per share, in last year's third quarter.

Excluding items, Kansas City Southern reported adjusted earnings of $160.6 million or $1.57 per share for the period.

Analysts had expected the company to earn $1.57 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 6.5% to $699.0 million from $656.6 million last year.

Kansas City Southern earnings at a glance:

-Earnings (Q3): $160.6 Mln. vs. $141.5 M. last year.
-EPS (Q3): $1.57 vs. $1.35 last year.
-Analysts Estimate: $1.57
-Revenue (Q3): $699.0 Mln vs. $656.6 Mln last year.

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