Kansas City Southern Railway (KSU) Expected to Announce Earnings of $1.54 Per Share

Equities research analysts predict that Kansas City Southern Railway (NYSE:KSU) will announce $1.54 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Kansas City Southern Railway’s earnings. The lowest EPS estimate is $1.52 and the highest is $1.59. Kansas City Southern Railway reported earnings of $1.33 per share in the same quarter last year, which suggests a positive year over year growth rate of 15.8%. The business is expected to report its next earnings results on Friday, July 20th.

On average, analysts expect that Kansas City Southern Railway will report full-year earnings of $6.16 per share for the current year, with EPS estimates ranging from $5.88 to $6.30. For the next fiscal year, analysts anticipate that the business will post earnings of $7.01 per share, with EPS estimates ranging from $6.57 to $7.15. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow Kansas City Southern Railway.

Kansas City Southern Railway (NYSE:KSU) last released its earnings results on Friday, April 20th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by ($0.05). Kansas City Southern Railway had a return on equity of 11.98% and a net margin of 36.75%. The company had revenue of $638.60 million for the quarter, compared to the consensus estimate of $639.39 million. During the same quarter in the previous year, the company posted $1.17 EPS. The business’s revenue was up 4.8% on a year-over-year basis.

Several research firms recently issued reports on KSU. Morgan Stanley upped their target price on Kansas City Southern Railway from $104.00 to $107.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 25th. Credit Suisse Group upped their target price on Kansas City Southern Railway from $122.00 to $132.00 and gave the stock an “outperform” rating in a report on Monday, April 23rd. BMO Capital Markets upgraded Kansas City Southern Railway from a “market perform” rating to an “outperform” rating and set a $120.00 target price on the stock in a report on Monday, April 23rd. Cowen reiterated a “hold” rating and set a $116.00 target price on shares of Kansas City Southern Railway in a report on Monday, April 23rd. Finally, Zacks Investment Research upgraded Kansas City Southern Railway from a “sell” rating to a “hold” rating in a report on Friday, April 6th. Six research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $117.79.

KSU opened at $109.00 on Wednesday. Kansas City Southern Railway has a 52-week low of $89.98 and a 52-week high of $114.91. The stock has a market cap of $11.17 billion, a P/E ratio of 20.31, a P/E/G ratio of 1.36 and a beta of 0.79. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.49 and a current ratio of 0.69.

In other Kansas City Southern Railway news, VP Suzanne M. Grafton sold 300 shares of the company’s stock in a transaction that occurred on Friday, May 4th. The stock was sold at an average price of $107.97, for a total value of $32,391.00. Following the sale, the vice president now owns 10,955 shares in the company, valued at $1,182,811.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Michael W. Upchurch sold 2,074 shares of the company’s stock in a transaction that occurred on Thursday, May 10th. The shares were sold at an average price of $110.15, for a total value of $228,451.10. Following the completion of the sale, the chief financial officer now owns 15,590 shares in the company, valued at approximately $1,717,238.50. The disclosure for this sale can be found here. 0.70% of the stock is owned by corporate insiders.

Large investors have recently added to or reduced their stakes in the business. Victory Capital Management Inc. raised its stake in Kansas City Southern Railway by 15.9% in the fourth quarter. Victory Capital Management Inc. now owns 42,259 shares of the transportation company’s stock valued at $4,446,000 after buying an additional 5,798 shares during the period. Elkfork Partners LLC bought a new position in shares of Kansas City Southern Railway during the fourth quarter worth approximately $3,550,000. Ontario Teachers Pension Plan Board bought a new position in shares of Kansas City Southern Railway during the fourth quarter worth approximately $1,942,000. Xact Kapitalforvaltning AB increased its stake in shares of Kansas City Southern Railway by 10.5% during the fourth quarter. Xact Kapitalforvaltning AB now owns 13,923 shares of the transportation company’s stock worth $1,465,000 after purchasing an additional 1,319 shares during the period. Finally, Quantitative Systematic Strategies LLC bought a new position in shares of Kansas City Southern Railway during the fourth quarter worth approximately $489,000. Hedge funds and other institutional investors own 90.18% of the company’s stock.

Kansas City Southern Railway Company Profile

Kansas City Southern, through its subsidiaries, provides domestic and international rail transportation services in North America. It serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.

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