Categories AlphaGraphs, Earnings, Industrials
Infographic: Kansas City Southern (KSU) Q1 results miss Street view
Transportation company Kansas City Southern (NYSE: KSU) reported lower earnings and revenues for the first quarter of 2021. The results also missed the market’s prediction.
Adjusted earnings dropped to $1.91 per share from $1.96 per share in the first quarter of 2020 and missed expectations. Net profit was $153 million or $1.68 per share, compared to $151.7 million or $1.58 per share in the first quarter of 2020.
Revenues decreased 4% year-over-year to $706 million. The top-line also came in below the forecast.
Read management/analysts’ comments on quarterly reports
Shares of Kansas City Southern dropped soon after the earnings announcement early Friday, after closining the previous session lower.
Looking for more insights?
Read the full conference call transcript here. It’s free!
Most Popular
HD Stock: What’s in store for Home Depot after record second quarter
Home improvement is one of the top activities that kept Americans busy during the pandemic, a trend that enabled The Home Depot, Inc. (NYSE: HD) to beat the crisis and
Target (TGT) stock drops after Q2 earnings miss estimates; revenue up 4%
Department store chain Target Corporation (NYSE: TGT) reported a sharp decline in adjusted earnings for the second quarter of 2022, despite an increase in net sales. The bottom line also fell
Amazon (AMZN) stock remains a good bet despite poor results. Here’s why
Amazon.com, Inc. (NASDAQ: AMZN) became an inspiration for other players in the eCommerce sector as the online retailer successfully channelized its resources to tap into the spike in demand for
