Oct 16 (Reuters) - U.S. railroad operator Kansas City Southern KSU.N said on Friday its quarterly profit rose 5.3%, boosted by higher shipments in its chemical and petroleum business.
Net income rose to $190.2 million, or $2.01 per share, in the third quarter ended Sept.30, from $180.6 million, or $1.81 per share, a year earlier.
Revenue fell to $659.6 million from $747.7 million.
(Reporting by Sanjana Shivdas in Bengaluru; Editing by Vinay Dwivedi)
((SanjanaSitara.Shivdas@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1642; Twitter: @SanjanaShivdas;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In This StoryKSU
Latest Markets Videos
- White House says Walmart, FedEx, UPS to work 24/7 to ease supply bottlenecks for holiday season
- Chinese online brokers Futu and UP Fintech face regulatory risks - People's Daily website
- PRECIOUS-Gold eases as inflation data fans policy tightening bets
- September, Third Quarter 2021 Review and Outlook