Based in Kansas City, MO, Kansas City Southern (KSU) is a transportation holding company with railroad investments in the U.S., Mexico and Panama. The company’s coordinated rail network provides shippers with an effective alternative by giving direct access to Mexico, the south-east and south-west U.S. through less congested interchange hubs.
Kansas City Southern has a healthy track record with respect to earnings having delivered positive earnings surprises in three of the last four quarters, with an average beat of 1.65%.
Zacks Rank: Currently, Kansas City Southern has a Zacks Rank #3 (Hold) but that could change following the company’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: Kansas City Southern beat on earnings. Adjusted Earnings per share came in at $1.27, higher than the Zacks Consensus Estimate of $1.23.
Revenue: Revenues of $643 million were 4% above the year-ago figure. Quarterly revenues were however short of the Zacks Consensus Estimate of $658 million.
Key Stats: Carload volumes climbed 8% and 11% in the automotive and energy sectors respectively in the final quarter of 2014. For full-year 2014, adjusted operating income climbed 15% over the 2013 figure. Adjusted operating ratio for 2014 was 67.1% compared to 68.8% a year-ago. The company expects an improved performance from the automotive, intermodal and chemical & petroleum products in 2015.
Stock Price: The revenue miss caused a 1.2% negative impact on the stock at the time of writing..
Check back later for our full write up on this Kansas City Southern earnings report later!
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