Kansas City Southern: 4Q Earnings Snapshot

| January 20, 2020 9:55 AM

KANSAS CITY, Mo. (AP) _ Kansas City Southern (KSU) on Friday reported fourth-quarter net income of $127.2 million.

The Kansas City, Missouri-based company said it had net income of $1.30 per share. Earnings, adjusted for non-recurring costs, came to $1.82 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.81 per share.

The railroad company posted revenue of $729.5 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $738.3 million.

For the year, the company reported profit of $538.9 million, or $5.40 per share. Revenue was reported as $2.87 billion.

Kansas City Southern shares have risen 5.5% since the beginning of the year, while the Standard & Poor's 500 index has increased almost 3%. The stock has risen 59% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KSU at https://www.zacks.com/ap/KSU