Analysts expect Kansas City Southern (NYSE:KSU) to post $722.69 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Kansas City Southern’s earnings. The lowest sales estimate is $716.42 million and the highest is $729.64 million. Kansas City Southern posted sales of $682.40 million in the same quarter last year, which suggests a positive year-over-year growth rate of 5.9%. The firm is expected to report its next quarterly earnings results on Friday, July 19th.
On average, analysts expect that Kansas City Southern will report full-year sales of $2.87 billion for the current financial year, with estimates ranging from $2.86 billion to $2.89 billion. For the next financial year, analysts anticipate that the firm will report sales of $3.04 billion, with estimates ranging from $2.99 billion to $3.09 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for Kansas City Southern.
Kansas City Southern (NYSE:KSU) last issued its earnings results on Wednesday, April 17th. The transportation company reported $1.54 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.10. Kansas City Southern had a return on equity of 12.40% and a net margin of 21.30%. The business had revenue of $674.80 million during the quarter, compared to analyst estimates of $669.08 million. During the same period in the previous year, the company posted $1.30 EPS. The firm’s revenue was up 5.7% compared to the same quarter last year.
In other Kansas City Southern news, VP Suzanne M. Grafton sold 1,000 shares of Kansas City Southern stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $123.07, for a total transaction of $123,070.00. Following the completion of the transaction, the vice president now owns 10,218 shares in the company, valued at approximately $1,257,529.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CMO Michael J. Naatz sold 11,837 shares of Kansas City Southern stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $122.45, for a total value of $1,449,440.65. Following the transaction, the chief marketing officer now owns 18,764 shares of the company’s stock, valued at approximately $2,297,651.80. The disclosure for this sale can be found here. Insiders have sold a total of 31,285 shares of company stock valued at $3,870,266 in the last quarter. Company insiders own 0.82% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in KSU. Boston Partners acquired a new position in Kansas City Southern during the 1st quarter valued at about $292,039,000. Lazard Asset Management LLC boosted its stake in shares of Kansas City Southern by 44.2% in the 1st quarter. Lazard Asset Management LLC now owns 4,186,916 shares of the transportation company’s stock worth $485,598,000 after buying an additional 1,283,020 shares during the last quarter. Norges Bank purchased a new position in shares of Kansas City Southern in the 4th quarter worth approximately $102,073,000. Massachusetts Financial Services Co. MA boosted its stake in shares of Kansas City Southern by 9.3% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 10,418,608 shares of the transportation company’s stock worth $994,456,000 after buying an additional 882,425 shares during the last quarter. Finally, MARSHALL WACE ASIA Ltd purchased a new position in shares of Kansas City Southern in the 1st quarter worth approximately $72,632,000. Institutional investors and hedge funds own 91.36% of the company’s stock.
Kansas City Southern stock traded down $0.53 during midday trading on Friday, reaching $121.42. The stock had a trading volume of 711,337 shares, compared to its average volume of 1,121,250. Kansas City Southern has a 12 month low of $90.55 and a 12 month high of $125.92. The firm has a market capitalization of $12.27 billion, a price-to-earnings ratio of 20.34, a PEG ratio of 1.37 and a beta of 0.90. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.36 and a quick ratio of 1.02.
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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