Kansas City Southern Q4 profit misses estimatesChristian Fernsby ▼ | January 17, 2020
Kansas City Southern (KSU) reported fourth-quarter adjusted earnings per share of $1.82 compared to $1.56, a year ago.
Kansas City Southern Q4 revenues were $729.5 million
Topics: Kansas City Southern
Analysts' estimates typically exclude special items.
Kansas City Southern Q4 revenues were $729.5 million, an increase of 5% primarily led by a 13% increase in Chemicals and Petroleum and an 11% increase in Industrial and Consumer Products.
Analysts expected revenue of $730.22 million for the quarter.
Kansas City Southern has improved its outlook for earnings per share growth to a mid-teens CAGR from 2019 through 2021.
Kansas City Southern now projects 60% to 61% operating ratio in 2020, and below 60% in 2021.
Kansas City Southern has reduced its outlook for capital expenditures to approximately 17% of revenue through 2022. ■