Market Overview

BMO Capital Markets Lowers Estimates on Kansas City Southern

Related KSU
Top Performing Industries For July 28, 2015
Kansas City Southern: 'remaining on the sidelines' - Credit Suisse, Says KSU Needs To Show Signs Of Improving Carloads In Core Growth Areas

According to a research report this morning, BMO Capital Markets lowers estimates on Kansas City Southern (NYSE: KSU) from $0.88 to $0.81 for Q2/12 EPS.

BMO Capital Markets explained, “We note the following two factors should help mitigate the negative effect of weaker volumes: (1) the favourable impact on the tax rate due to a weaker peso; and (2) the decline in volume is concentrated in unit trains segments (coal &ag) where decremental margins can be contained with effective reduction of crews and associated equipments.”

Kansas City Southern closed Friday at $63.26 as BMO Capital Markets maintains its Outperform rating and $68 PT.

Latest Ratings for KSU

Jul 2015Raymond JamesMaintainsStrong Buy
Jul 2015BarclaysDowngradesEqual-weightUnderweight
Jul 2015UBSUpgradesNeutralBuy

View More Analyst Ratings for KSU
View the Latest Analyst Ratings

Posted-In: BMO Capital MarketsAnalyst Color Reiteration Analyst Ratings


Related Articles (KSU)

Get Benzinga's Newsletters