Newsletter

Menu

Kansas City Southern Q2 profit declines 13% but beats estimates

By Staff Correspondent |

Kansas City Southern (NYSE: KSU) reported a 13% decrease in earnings for the second quarter of 2019 due to higher costs and expenses as well as an increase in income tax expense. However, the results exceeded analysts’ expectations.

Net income fell by 13% to $129 million or $1.28 per share. Adjusted earnings increased by 6% to $1.64 per share. Revenues rose by 5% to $714 million. Overall, carload volumes were flat compared to the prior year.

Revenue growth for the second quarter of 2019 was led by a 19% increase in Chemicals and Petroleum due to growth in shipments related to Mexico energy reform, and a 5% increase in Automotive. These increases were partially offset by revenue declines in the remaining four commodity groups.

Kansas City Southern Q2 profit declines 13% but beats estimates

Energy revenues declined by 5%, as increased Utility Coal shipments were more than offset by declines in Frac Sand and Crude Oil. Industrial & Consumer Products and Agriculture & Minerals revenues each declined by 2%, and Intermodal revenues declined by 1%.

Looking ahead into the full year 2019, the company expects volume growth to be flat to slightly down, and revenue growth to be in the range of 5% to 7%. Capital expenditures are anticipated to be below $600 million in 2019.

Adjusted operating ratio is expected to be in the low end of 60% to 61% range by 2021, absorbing negative impact from loss of Mexican Fuel Excise Tax Credit. Adjusted earnings per share is predicted to be in the low-to-mid-teens compound annual growth rate (CAGR) for 2019 to 2021.

Also read: Schlumberger Q2 earnings and CEO appointment

For the second quarter, carloads and units remained virtually unchanged from the previous year at 569,900. This was due to the growth in chemical and petroleum offset declines in four commodity groups, industrial and consumer products, agriculture and minerals, energy, and intermodal. Revenue per carload/unit increased by 4% year-over-year to $1,190.

The company said its operating performance was driving an improvement in customer service, operating metrics and cost profile. This improvement in cost profile helped Kansas City Southern absorb a 130 basis point headwind to its adjusted operating ratio from the loss of the Mexican Fuel Excise Tax credit, while still improving profitability versus prior year.

Rival Union Pacific (NYSE: UNP) reported better-than-expected earnings for the second quarter of 2019 driven by lower operating expenses.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Advertisement

More on this Company

Earnings Update by AlphaStreet

CSX Corporation Reports Mixed Q4 2025 Results Amid Weak Freight Demand

January 22, 2026
Earnings Update by AlphaStreet

Earnings Summary: Highlights of Norfolk Southern Corp’s (NSC) Q4 2023 report

January 26, 2024

CSX Earnings: A snapshot of CSX Crop’s Q3 2023 results

October 20, 2023

200 responses to “Kansas City Southern Q2 profit declines 13% but beats estimates”

  6. Dental care services

    […]very few internet sites that come about to become detailed below, from our point of view are undoubtedly properly worth checking out[…]

  13. Interdisciplinary nature

    […]Wonderful story, reckoned we could combine a couple of unrelated data, nevertheless actually worth taking a search, whoa did one particular master about Mid East has got extra problerms as well […]

  16. Medication safety

    […]very handful of internet sites that occur to become in depth beneath, from our point of view are undoubtedly properly really worth checking out[…]

  23. Maillot de football

    […]although websites we backlink to beneath are considerably not connected to ours, we feel they’re basically worth a go by means of, so possess a look[…]

  29. Maillot de football

    […]Wonderful story, reckoned we could combine several unrelated information, nevertheless really worth taking a appear, whoa did one particular discover about Mid East has got far more problerms too […]

  42. Fiverr Earn

    […]although web sites we backlink to below are considerably not related to ours, we feel they’re basically really worth a go via, so possess a look[…]

  43. 3pl Broker

    […]that may be the end of this report. Here you’ll locate some web sites that we assume you will value, just click the links over[…]

  45. frenchies in houston

    […]we like to honor quite a few other world wide web websites on the net, even though they aren’t linked to us, by linking to them. Underneath are some webpages worth checking out[…]

  46. french bulldog

    […]we prefer to honor lots of other internet web-sites around the web, even if they aren’t linked to us, by linking to them. Below are some webpages worth checking out[…]

  51. jute rugs

    […]just beneath, are many absolutely not related websites to ours, nonetheless, they may be surely really worth going over[…]

  54. Piano Storage Units

    […]although web sites we backlink to below are considerably not associated to ours, we feel they are basically really worth a go through, so possess a look[…]

  55. Best university in Egypt

    […]Wonderful story, reckoned we could combine several unrelated data, nevertheless definitely worth taking a appear, whoa did one master about Mid East has got far more problerms at the same time […]

  61. bitcoin

    […]very few websites that transpire to become comprehensive below, from our point of view are undoubtedly very well worth checking out[…]

  63. hawaii weather kauai

    […]Wonderful story, reckoned we could combine a couple of unrelated information, nonetheless truly really worth taking a search, whoa did one particular understand about Mid East has got additional problerms also […]

  72. Fiverr

    […]although web-sites we backlink to below are considerably not associated to ours, we really feel they are really really worth a go as a result of, so possess a look[…]

  82. Piano refurbishment

    […]although internet websites we backlink to below are considerably not connected to ours, we really feel they are in fact really worth a go by, so have a look[…]

  83. Office packing

    […]although web-sites we backlink to beneath are considerably not associated to ours, we feel they’re really worth a go by way of, so possess a look[…]

  85. Top business degrees in Egypt

    […]we prefer to honor quite a few other online web pages around the net, even though they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  89. Porn Australia

    […]Wonderful story, reckoned we could combine a couple of unrelated data, nevertheless truly worth taking a look, whoa did one particular study about Mid East has got far more problerms too […]

  91. Political Science

    […]we prefer to honor numerous other world-wide-web web sites around the web, even though they aren’t linked to us, by linking to them. Under are some webpages worth checking out[…]

  94. french bulldog breeder

    […]Wonderful story, reckoned we could combine a couple of unrelated data, nonetheless actually really worth taking a look, whoa did one particular understand about Mid East has got more problerms at the same time […]

  95. FiverrEarn

    […]that will be the end of this report. Here you’ll come across some internet sites that we feel you will enjoy, just click the hyperlinks over[…]

  97. live sex cams

    […]Wonderful story, reckoned we could combine a handful of unrelated data, nonetheless actually worth taking a look, whoa did one master about Mid East has got more problerms also […]

  100. FiverrEarn

    […]very few sites that transpire to become in depth below, from our point of view are undoubtedly nicely really worth checking out[…]

  113. One Peace AMV

    […]that will be the finish of this post. Here you’ll find some internet sites that we consider you will enjoy, just click the links over[…]

  114. nang sydney

    […]that could be the end of this write-up. Right here you’ll find some web pages that we consider you will appreciate, just click the hyperlinks over[…]

  117. 918kiss

    […]check beneath, are some absolutely unrelated internet sites to ours, nonetheless, they may be most trustworthy sources that we use[…]

  118. หวย24

    […]check beneath, are some completely unrelated websites to ours, even so, they may be most trustworthy sources that we use[…]

  119. Body Care

    […]Every as soon as in a although we opt for blogs that we study. Listed beneath would be the most up-to-date web sites that we select […]

  121. Raahe Guide

    […]check beneath, are some completely unrelated web sites to ours, having said that, they’re most trustworthy sources that we use[…]

  122. aplikasi slot online scatter

    […]Wonderful story, reckoned we could combine a number of unrelated information, nevertheless truly really worth taking a search, whoa did a single study about Mid East has got extra problerms also […]

  126. electronic visa

    […]very couple of websites that transpire to become in depth beneath, from our point of view are undoubtedly properly worth checking out[…]

  129. MasumINTL

    […]Every as soon as inside a while we decide on blogs that we read. Listed below are the most recent internet sites that we pick […]

  130. itme.xyz

    […]check below, are some completely unrelated sites to ours, nevertheless, they are most trustworthy sources that we use[…]

  134. mzplay

    […]just beneath, are numerous absolutely not associated web pages to ours, nevertheless, they’re surely really worth going over[…]

  135. chanel dog bowl

    […]very couple of web-sites that take place to be in depth below, from our point of view are undoubtedly effectively worth checking out[…]

  138. live webcam sex

    […]very few internet sites that come about to become comprehensive below, from our point of view are undoubtedly effectively really worth checking out[…]

  140. texas heeler

    […]although sites we backlink to beneath are considerably not connected to ours, we feel they’re truly really worth a go by, so have a look[…]

  142. floodle

    […]Wonderful story, reckoned we could combine a number of unrelated data, nonetheless truly worth taking a search, whoa did 1 learn about Mid East has got far more problerms also […]

  149. IFM

    […]very handful of sites that occur to become detailed below, from our point of view are undoubtedly effectively worth checking out[…]

  152. dog yorkie mix

    […]we prefer to honor numerous other net web-sites around the net, even though they aren’t linked to us, by linking to them. Beneath are some webpages worth checking out[…]

  158. mexican candy store

    […]that could be the end of this write-up. Right here you’ll obtain some websites that we consider you’ll enjoy, just click the hyperlinks over[…]

  179. Dog Breed Registries

    […]although web sites we backlink to beneath are considerably not associated to ours, we feel they may be truly really worth a go through, so possess a look[…]

  180. Dog Papers

    […]very handful of websites that come about to become comprehensive below, from our point of view are undoubtedly well really worth checking out[…]

  187. French Bulldog Adoption

    […]we prefer to honor a lot of other web sites around the net, even when they aren’t linked to us, by linking to them. Below are some webpages really worth checking out[…]

  189. French Bulldog Rescue

    […]although internet websites we backlink to below are considerably not related to ours, we really feel they may be actually really worth a go by, so have a look[…]

  191. elizabeth kerr

    […]always a large fan of linking to bloggers that I really like but really don’t get a whole lot of link appreciate from[…]

  194. yorkie poo breeding

    […]that would be the finish of this article. Right here you’ll locate some sites that we assume you’ll value, just click the links over[…]

  198. magnolia bjj

    […]very handful of internet websites that come about to be in depth beneath, from our point of view are undoubtedly properly really worth checking out[…]

Top