KANSAS CITY, Mo. (AP) — Kansas Metropolis Southern (KSU) on Friday reported fourth-quarter internet revenue of $165.7 million.
On a per-share foundation, the Kansas Metropolis, Missouri-based firm stated it had revenue of $1.80. Earnings, adjusted for non-recurring prices, got here to $1.89 per share.
The outcomes fell wanting Wall Avenue expectations. The common estimate of six analysts surveyed by Zacks Funding Analysis was for earnings of $1.91 per share.
The railroad firm posted income of $693.4 million within the interval, which additionally fell wanting Avenue forecasts. 4 analysts surveyed by Zacks anticipated $700.6 million.
For the 12 months, the corporate reported revenue of $617 million, or $6.54 per share. Income was reported as $2.63 billion.
Kansas Metropolis Southern shares have risen barely greater than 4% for the reason that starting of the 12 months, whereas the Commonplace & Poor’s 500 index has climbed roughly 3%. The inventory has climbed 29% within the final 12 months.
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