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UPDATE: Kansas City Southern Posts Upbeat Q4 Profit

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Kansas City Southern (NYSE: KSU) reported a drop in its fourth-quarter profit.

Kansas City Southern's quarterly net income declined to $92.5 million, or $0.83 per share, versus $96.0 million, or $0.87 per share, in the year-ago period. Excluding one-time items, it earned $0.92 per share.

Its revenue climbed 7% to $568.4 million. However, analysts were expecting earnings of $0.82 per share on revenue of $563.7 million

Kansas City Southern shares gained 2.97% to $90.25 in pre-market trading.

Posted-In: profitEarnings News

 

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