Kansas City Southern Beats Q3 Estimates amid Network Congestion
Kansas City Southern (KSU), the Class I railroad company that’s been in focus during the Trump presidency, announced its third-quarter earnings results before the market opened on October 18. The company’s adjusted EPS of $1.70 in the quarter were up 38.2% YoY (year-over-year) from $1.23 in the third quarter of 2017. KSU also did well amid network congestion in northern Mexico, which resulted in a difficult operating environment.