KANSAS CITY, Mo. (AP) _ Kansas City Southern (KSU) on Friday reported first-quarter net income of $146.6 million.
The Kansas City, Missouri-based company said it had profit of $1.38 per share. Earnings, adjusted for non-recurring gains, were $1.17 per share.
The results matched
The railroad company posted revenue of $609.5 million in the period, beating Street forecasts. Six analysts surveyed by Zacks expected $604.7 million.
Kansas City Southern shares have risen roughly 7 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 5 percent. The stock has dropped 6 percent in the last 12 months.
Keywords: Kansas City Southern, Earnings Report
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