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Kansas City Southern Q4 profit misses estimates

Christian 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
Kansas City Southern   Q4 revenues were $729.5 million
On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $1.84, for the quarter.

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.