Kansas City Southern Announces 7% Decline In Q3 Earnings

(RTTNews) - Kansas City Southern (KSU) reported a profit for third quarter that dropped from last year.

The company said its bottom line fell to $132.9 million, or $1.21 per share. This was down from $143.0 million, or $1.29 per share, in last year's third quarter.

Analysts had expected the company to earn $1.22 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.7% to $631.9 million. This was down from $677.5 million last year.

Kansas City Southern earnings at a glance:

-Earnings (Q3): $132.9 Mln. vs. $143.0 Mln. last year. -Earnings Decline (Y-o-Y): -7.1% -EPS (Q3): $1.21 vs. $1.29 last year. -EPS Decline (Y-o-Y): -6.2% -Analysts Estimate: $1.22 -Revenue (Q3): $631.9 Mln vs. $677.5 Mln last year. -Revenue Change (Y-o-Y): -6.7%