Kansas City Southern Announces 16% Rise In Q2 Profit

(RTTNews) - Kansas City Southern (KSU) reported a profit for its second quarter that climbed compared to the same period last year.

The company said its bottom line advanced to $131.6 million, or $1.22 per share. This was higher than $113.7 million, or $1.03 per share, in last year's second quarter.

Analysts had expected the company to earn $1.03 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 3.0% to $568.5 million. This was down from $585.8 million last year.

Kansas City Southern earnings at a glance:

-Earnings (Q2): $131.6 Mln. vs. $113.7 Mln. last year. -Earnings Growth (Y-o-Y): 15.7% -EPS (Q2): $1.22 vs. $1.03 last year. -EPS Growth (Y-o-Y): 18.4% -Analysts Estimate: $1.03 -Revenue (Q2): $568.5 Mln vs. $585.8 Mln last year. -Revenue Change (Y-o-Y): -3.0%