NYSE:KSU Stock and Profitability Discussion

Discussion related to the past and present operations of Kansas City Southern Lines, including affiliates Texas Mexican Railway, Grupo Transportation Ferroviaria Mexicana (TFM), and Panama Canal Railway Co. Official web site can be found here: KCSOUTHERN.COM.

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NYSE:KSU Stock and Profitability Discussion

Post by Jeff Smith » Sat Jul 20, 2019 10:44 am

DISCLOSURE AND ADMIN NOTE: This thread is for the discussion of Kansas City Southern stock, profitability, etc. RAILROAD.NET makes no representation or warranties as to the prospects of this stock or company; all risk is assumed by investors only. Publication of insider information is punishable under law. The views expressed herein are those of the member only.
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Jeff Smith
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Posts: 8487
Joined: Tue Nov 07, 2006 9:28 am
Location: MP 67.2 Georgia Southern Railway

Re: NYSE:KSU Discussion

Post by Jeff Smith » Sat Jul 20, 2019 10:46 am

https://www.nasdaq.com/article/kansas-c ... -cm1179469
Kansas City Southern 's KSU second-quarter 2019 earnings (excluding 36 cents from non-recurring items) of $1.64 beat the Zacks Consensus Estimate by 4 cents. The bottom line also rose 6.5% on a year-over-year basis. Results were aided by a better operational performance. This outperformance on the earnings front seems to have found favor with investors. As a result, the stock gained in pre-market trading .

The company delivered revenues of $714 million, surpassing the Zacks Consensus Estimate of $703.9 million. Moreover, the top line improved 4.6% on a year-over-year basis mainly owing to strong performance at the Chemicals and Petroleum unit.

Overall, carload volumes were flat year over year as growth in the Chemical and Petroleum unit was mitigated by declines in the Industrial and Consumer products, Agriculture and Minerals, Energy, and Intermodal segments.
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Jeff Smith
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Posts: 8487
Joined: Tue Nov 07, 2006 9:28 am
Location: MP 67.2 Georgia Southern Railway

Re: NYSE:KSU Discussion

Post by Jeff Smith » Sat Jul 20, 2019 11:33 am

per Progressive Railroading: https://www.progressiverailroading.com/ ... lts--58116
Kansas City Southern today reported record second-quarter revenue of $714 million, a 5 percent increase on flat volumes compared with the previous year's same quarter.

Year-over-year revenue growth for the quarter was led by a 19 percent increase in chemicals and petroleum shipments, particularly to Mexico, as well as a 5 percent increase in automotive, KCS officials said in a press release.

Those increases were partially offset by revenue declines in KCS's four remaining commodity groups. Energy revenue declined by 5 percent, as increased utility coal shipments were offset in declines in frac sand and crude oil shipments. The industrial and consumer products and agricultural and mineral groups each declined by 2 percent. Intermodal revenue dipped 1 percent.
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