How Did The Rail Group's Earnings Look?

Rail companies were the latest sector to report their quarterly earnings. Here is a roundup of how the major players performed.

Canadian Pacific Railway

Canadian Pacific Railway Limited (USA) CP reported it earned C$3.04 per share on revenue of C$1.64 billion in the fourth quarter.

E. Hunter Harrison, Canadian Pacific's outgoing CEO commented: "While the fourth quarter was weighed down by challenging operating conditions, including unexpected and extreme weather on the West Coast that compounded the impact of an already delayed grain harvest, it once again highlighted our resiliency and ability to operate efficiently under tough conditions."

Shares of Canadian Pacific are higher by more than 44 percent over the past year.

CSX

CSX Corporation CSX reported that it earned $0.49 per share in the fourth quarter.

Wall Street analysts were expecting the company to see revenue of $2.87 billion.

Michael J. Ward, chairman and chief executive officer commented: "In an environment where the company lost almost $470 million of coal revenue and experienced weakness across most of its markets, CSX delivered nearly $430 million of productivity savings in 2016, while improving customer service. With business conditions gradually improving and the ongoing transformation into the CSX of Tomorrow, we will continue to deliver sustainable shareholder value."

Shares of CSX are higher by around 100 percent over the past year.

Union Pacific

Union Pacific Corporation UNP reported that it earned $1.39 per share on revenue of $5.2 billion in the fourth quarter.

Wall Street analysts were expecting the company to earn $1.33 per share on revenue of $5.13 billion.

Lance Fritz, Union Pacific chairman, president and chief executive officer commented: "While full-year volumes were down substantially year over year, we did see declines moderate in the fourth quarter. As we worked through the challenges of the year, we remained focused on the strategy we live each day through our six value tracks. Executing on these value tracks enables us to run a safe, efficient, and productive railroad while providing our customers an excellent value proposition."

Shares of Union Pacific are higher by more than 40 percent over the past year.

Kansas City Southern

Kansas City Southern KSU reported it earned $1.21 per share on revenue of $599 million in the fourth quarter.

Wall Street analysts were expecting the company to earn $1.17 per share on revenue of $603 million.

Kansas City Southern President and CEO Patrick J. Ottensmeyer commented: "KCS' ability to react swiftly and efficiently was proven throughout 2016, as our network faced challenging operational interruptions throughout the year. In addition, volatility in key commodities such as energy, consumer, and intermodal markets created uncertainty during 2016. Despite these conditions, KCS' achieved a full-year operating ratio of 64.9 percent, a 1.5 point improvement versus 2015 adjusted."

Shares of Kansas City are higher by just shy of 25 percent over the past year.