Kansas City Southern (NYSE:KSU) provider of freight rail transportation service, is reporting second quarter earnings results on Friday 17th July 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.15 per share.
For the full year, analysts predict revenues of $ 2654.74 million, while looking forward to income of $ 6.58 per share.
Previous Quarter Performance
Kansas City Southern communicated income for the first quarter of $ 1.96 per share, from the revenue of $ 731.70 million. The quarterly earnings increased 27.27 percent while revenues elevated 8.43 percent compared with the same quarter last year.
Wall street analysts are predicting, KSU to report 1Q20 income of $ 1.78 per share from revenue of $ 716.18 million. The bottom line results beat street analysts by $ 0.18 or 10.11 percent, at the same time, top line results outshined analysts by $ 15.52 million or 2.17 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of KSU was $ 158.42, representing a 70.60 % increase from the 52 week low of $ 92.86 and a 11.29 % decrease over the 52 week high of $ 178.59.
The company has a market capital of $ 15.05 billion and is part of the Industrials sector and Railroads industry.
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Recent Analyst recommendations
On 15th July 2020, maintained by Raymond James at Strong Buy rating, with $ 175.00 target price.
On 15th July 2020, maintained by Barclays at Equal-Weight rating, with $ 150.00 target price.
On 25th June 2020, maintained by Citigroup at Buy rating, with $ 175.00 target price.
On 17th June 2020, maintained by Deutsche Bank at Hold rating, with $ 163.00 target price.
On 22nd May 2020, maintained by Wells Fargo & Co at Overweight rating, with $ 170.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.40 per share on May 21, 2020. The dividend were payable on July 8, 2020 to holders of record as of the close of business on June 8, 2020 and ex-dividend date on June 5, 2020.
Conference Call
Kansas City Southern will be hosting a conference call at 8:45 AM eastern time on 17th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.kcsouthern.com
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. It operates a commercial corridor of the Mexican railroad system and has its direct rail passageway between Mexico City and Laredo, Texas.
