Kansas City Southern (NYSE:KSU) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Kansas City Southern (NYSE:KSU) announced its quarterly earnings results on Friday. The transportation company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.06, Briefing.com reports. Kansas City Southern had a net margin of 20.63% and a return on equity of 13.80%. The company had revenue of $659.60 million for the quarter, compared to analysts’ expectations of $662.68 million. During the same quarter in the previous year, the business posted $1.94 earnings per share. Kansas City Southern’s quarterly revenue was down 11.8% on a year-over-year basis.

KSU traded down $3.02 during trading on Friday, reaching $180.99. 39,197 shares of the stock were exchanged, compared to its average volume of 1,216,722. The business’s 50 day moving average price is $184.24 and its two-hundred day moving average price is $158.44. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.44 and a quick ratio of 2.16. The company has a market capitalization of $17.36 billion, a price-to-earnings ratio of 31.45, a P/E/G ratio of 1.74 and a beta of 0.94. Kansas City Southern has a 1 year low of $92.86 and a 1 year high of $200.00.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 7th. Investors of record on Monday, September 14th were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.88%. Kansas City Southern’s dividend payout ratio (DPR) is presently 23.19%.

Several equities research analysts recently weighed in on KSU shares. Credit Suisse Group reaffirmed a “buy” rating on shares of Kansas City Southern in a research note on Friday, August 7th. Citigroup boosted their target price on shares of Kansas City Southern from $154.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Wells Fargo & Company boosted their target price on shares of Kansas City Southern from $176.00 to $180.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Morgan Stanley boosted their target price on shares of Kansas City Southern from $136.00 to $138.00 and gave the company an “equal weight” rating in a research note on Monday, October 5th. Finally, JPMorgan Chase & Co. raised shares of Kansas City Southern from an “underweight” rating to a “neutral” rating and upped their price objective for the stock from $142.00 to $169.00 in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Kansas City Southern has a consensus rating of “Hold” and an average price target of $165.48.

In other news, CAO Suzanne M. Grafton sold 917 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $184.37, for a total value of $169,067.29. Following the sale, the chief accounting officer now directly owns 9,919 shares in the company, valued at $1,828,766.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Brian D. Hancock sold 3,500 shares of the company’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $156.75, for a total value of $548,625.00. Following the completion of the sale, the executive vice president now owns 24,936 shares in the company, valued at $3,908,718. The disclosure for this sale can be found here. Insiders sold 10,409 shares of company stock worth $1,688,672 over the last 90 days. Company insiders own 0.82% of the company’s stock.

Kansas City Southern Company Profile

Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.

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Earnings History for Kansas City Southern (NYSE:KSU)

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