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Kansas City Southern Q1 adjusted earnings beat estimates

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Christian Fernsby |
Kansas City Southern
Kansas City Southern   This compares with $144.4 million, or $1.40 per share

Kansas City Southern (KSU) revealed earnings for first quarter that fell from the same period last year.

The company's bottom line came in at $102.7 million, or $1.02 per share. This compares with $144.4 million, or $1.40 per share, in last year's first quarter.

Excluding items, Kansas City Southern reported adjusted earnings of $154.9 million or $1.54 per share for the period.

Analysts had expected the company to earn $1.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 5.7% to $674.8 million from $638.6 million last year.

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