DST Systems (DST) Tops Q4 EPS by 5c

DST Systems (NYSE: DST) reported Q4 EPS of $1.67, $0.05 better than the analyst estimate of $1.62. Revenue for the quarter came in at $723.3 million versus the consensus estimate of $712.13 million.

Board Declares 10% Increase in Quarterly Cash Dividend to $0.33 Per Share.

"We are pleased with our 2015 operating results and believe a number of the significant client wins and renewals executed during the year position us well as we head into 2016," said Steve Hooley, Chairman, CEO and President of DST. "Notwithstanding the progress we are making across our business segments, early market indicators are showing a low growth environment for 2016 as continued global headwinds, market volatility and the impact of foreign exchange remain significant challenges. This operating environment, combined with the ongoing expense of security, regulatory compliance and other essential infrastructure enhancements, will pressure our performance. We remain confident in the ability of our team to execute, achieve increased benefits from our recent acquisitions, contain costs and develop innovative new service offerings for our clients to drive results and create additional shareholder value."

For earnings history and earnings-related data on DST Systems (DST) click here.

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