WASHINGTON (dpa-AFX) - Kansas City Southern (KSU) revealed earnings for first quarter that fell from the same period last year.
The company's bottom line came in at $102.7 million, or $1.02 per share. This compares with $144.4 million, or $1.40 per share, in last year's first quarter.
Excluding items, Kansas City Southern reported adjusted earnings of $154.9 million or $1.54 per share for the period.
Analysts had expected the company to earn $1.44 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 5.7% to $674.8 million from $638.6 million last year.
Kansas City Southern earnings at a glance:
-Earnings (Q1): $154.9 Mln. vs. $133.8 Mln. last year. -EPS (Q1): $1.54 vs. $1.30 last year. -Analysts Estimate: $1.44 -Revenue (Q1): $674.8 Mln vs. $638.6 Mln last year.
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