Kansas City Southern profit jumps 36 pct as volumes rise


Shutterstock photo

April 21 (Reuters) - Regional U.S. railroad Kansas City
Southern <KSU.N> reported a 36 percent jump in quarterly net
profit on Friday, driven by an increase in overall carload
volumes.
    The company's net income available to common stockholders
rose to $146.5 million, or $1.38 per share, in the first quarter
ended March 31, from $107.7 million, or 99 cents per share, a
year earlier. [nBwM10Rga]
     Total revenue rose 8.3 percent to $609.5 million.

 (Reporting by Rachit Vats in Bengaluru; Editing by Sriraj
Kalluvila)
 ((Rachit.Vats@thomsonreuters.com; within U.S. +1 646 223 8780,
outside U.S. +91 80 6749 3798; Reuters Messaging:
rachit.vats.thomsonreuters.com@reuters.net))

Keywords: KANSASCITYSOUTHERN RESULTS/ (URGENT)



This article appears in: Fundamental Analysis , Stocks , Technology , Earnings
Referenced Symbols: KSU


More from Reuters

Subscribe






See headlines for KSU

Follow on:








Research Brokers before you trade

Want to trade FX?