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

Kansas City Southern (NYSE:KSU) released its quarterly earnings data 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. The business had revenue of $659.60 million during the quarter, compared to analyst estimates of $662.68 million. Kansas City Southern had a return on equity of 13.80% and a net margin of 20.63%. The company’s revenue was down 11.8% compared to the same quarter last year. During the same period last year, the company posted $1.94 EPS.

KSU stock 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. Kansas City Southern has a twelve month low of $92.86 and a twelve month high of $200.00. The company has a market capitalization of $17.36 billion, a P/E ratio of 31.45, a price-to-earnings-growth ratio of 1.74 and a beta of 0.94. The stock has a 50 day simple moving average of $184.24 and a 200-day simple moving average of $158.44. The company has a current ratio of 2.44, a quick ratio of 2.16 and a debt-to-equity ratio of 0.79.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Monday, September 14th were paid a $0.40 dividend. The ex-dividend date 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 payout ratio is presently 23.19%.

In related news, CAO Suzanne M. Grafton sold 917 shares of Kansas City Southern stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $184.37, for a total transaction of $169,067.29. Following the sale, the chief accounting officer now directly owns 9,919 shares of the company’s stock, valued at $1,828,766.03. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Lora S. Cheatum sold 1,500 shares of Kansas City Southern stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $175.66, for a total value of $263,490.00. Following the sale, the vice president now directly owns 17,398 shares in the company, valued at $3,056,132.68. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,409 shares of company stock worth $1,688,672. 0.82% of the stock is owned by company insiders.

Several equities research analysts have recently weighed in on KSU shares. Bank of America raised their price objective on Kansas City Southern from $203.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. JPMorgan Chase & Co. raised Kansas City Southern from an “underweight” rating to a “neutral” rating and raised their price objective for the stock from $142.00 to $169.00 in a research note on Monday, August 3rd. Raymond James raised their price objective on Kansas City Southern from $183.00 to $210.00 and gave the stock a “strong-buy” rating in a research note on Thursday, September 10th. Barclays raised their price objective on Kansas City Southern from $150.00 to $175.00 in a research note on Monday, September 14th. Finally, Citigroup raised their target price on Kansas City Southern from $154.00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $165.48.

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.

Recommended Story: Does the Dogs of the Dow strategy work?

Earnings History for Kansas City Southern (NYSE:KSU)

Receive News & Ratings for Kansas City Southern Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kansas City Southern and related companies with MarketBeat.com's FREE daily email newsletter.