Kansas City Southern (KSU) Tops Q1 EPS by 10c
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Kansas City Southern Reports Record First Quarter Revenues and Strong Results
April 17, 2019 8:00 AM EDTFirst Quarter 2019 Results
Record first quarter revenues of $675 million, an increase of 6% from prior year on a 1% volume decline Operating income of $160 million. Record first quarter adjusted operating income of $242 million, excluding restructuring charges related to Precision Scheduled Railroading (PSR) initiatives, and including the Mexican fuel excise tax credit Reported operating ratio of 76.2%. Adjusted operating ratio of 64.2%, compared to 65.8% in the prior year Reported diluted earnings per share of $1.02. Adjusted diluted earnings per share of $1.54, 18% higher than a year ago... More