Kansas City Southern (KSU) Expected to Announce Earnings of $1.72 Per Share

Equities research analysts expect Kansas City Southern (NYSE:KSU) to announce $1.72 earnings per share for the current quarter, Zacks reports. Five analysts have issued estimates for Kansas City Southern’s earnings, with the highest EPS estimate coming in at $1.77 and the lowest estimate coming in at $1.67. Kansas City Southern posted earnings of $1.54 per share in the same quarter last year, which would suggest a positive year over year growth rate of 11.7%. The firm is scheduled to report its next quarterly earnings results on Friday, July 19th.

According to Zacks, analysts expect that Kansas City Southern will report full-year earnings of $6.79 per share for the current financial year, with EPS estimates ranging from $6.58 to $6.95. For the next financial year, analysts forecast that the company will report earnings of $7.74 per share, with EPS estimates ranging from $7.36 to $8.10. Zacks’ earnings per share averages are a mean average based on a survey of research firms that follow Kansas City Southern.

Kansas City Southern (NYSE:KSU) last released its quarterly earnings data on Wednesday, April 17th. The transportation company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.44 by $0.10. The company had revenue of $674.80 million for the quarter, compared to the consensus estimate of $669.08 million. Kansas City Southern had a return on equity of 12.40% and a net margin of 21.30%. Kansas City Southern’s quarterly revenue was up 5.7% on a year-over-year basis. During the same period last year, the business posted $1.30 EPS.

A number of research analysts have recently issued reports on KSU shares. Loop Capital cut their price target on Kansas City Southern from $136.00 to $132.00 and set a “buy” rating on the stock in a report on Wednesday, January 16th. Credit Suisse Group reiterated a “buy” rating and issued a $129.00 price target (up from $116.00) on shares of Kansas City Southern in a report on Sunday, January 20th. Atlantic Securities started coverage on Kansas City Southern in a report on Tuesday, January 8th. They issued an “overweight” rating and a $98.03 price target on the stock. Morgan Stanley lifted their price target on Kansas City Southern from $112.00 to $113.00 and gave the company an “equal weight” rating in a report on Monday, January 7th. Finally, Stifel Nicolaus lifted their price target on Kansas City Southern from $120.00 to $128.00 and gave the company a “buy” rating in a report on Tuesday, January 22nd. Five analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $126.69.

Several institutional investors have recently bought and sold shares of KSU. JPMorgan Chase & Co. boosted its position in shares of Kansas City Southern by 47.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 248,926 shares of the transportation company’s stock worth $28,198,000 after purchasing an additional 80,251 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Kansas City Southern by 1.5% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 111,793 shares of the transportation company’s stock worth $12,665,000 after acquiring an additional 1,626 shares during the period. Envestnet Asset Management Inc. lifted its position in Kansas City Southern by 62.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 13,732 shares of the transportation company’s stock worth $1,556,000 after acquiring an additional 5,271 shares during the period. Pacer Advisors Inc. lifted its position in Kansas City Southern by 13.1% during the 3rd quarter. Pacer Advisors Inc. now owns 5,369 shares of the transportation company’s stock worth $608,000 after acquiring an additional 622 shares during the period. Finally, Kentucky Retirement Systems acquired a new stake in Kansas City Southern during the 3rd quarter worth about $1,127,000. 89.11% of the stock is owned by hedge funds and other institutional investors.

KSU traded up $0.40 during trading on Monday, hitting $125.43. 44,367 shares of the stock were exchanged, compared to its average volume of 1,116,119. The company has a market capitalization of $12.62 billion, a P/E ratio of 21.01, a PEG ratio of 1.42 and a beta of 0.89. Kansas City Southern has a 1 year low of $90.55 and a 1 year high of $125.92. The company has a quick ratio of 1.06, a current ratio of 1.36 and a debt-to-equity ratio of 0.52.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 3rd. Stockholders of record on Monday, March 11th were given a $0.36 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.15%. Kansas City Southern’s payout ratio is 24.12%.

Kansas City Southern Company Profile

Kansas City Southern, a transportation holding company, provides domestic and international rail transportation services in North America. The company serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.

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