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Kansas City Southern (KSU.N)

KSU.N on New York Stock Exchange

107.52USD
20 Sep 2017
Change (% chg)

$1.16 (+1.09%)
Prev Close
$106.36
Open
$106.35
Day's High
$107.64
Day's Low
$106.35
Volume
115,503
Avg. Vol
251,638
52-wk High
$109.08
52-wk Low
$79.06

Latest Key Developments (Source: Significant Developments)

Kansas City Southern says hurricane Harvey impact isolated to Beaumont & Rosenberg subs ‍​
Wednesday, 6 Sep 2017 05:49pm EDT 

Sept 6 (Reuters) - Kansas City Southern :Kansas City Southern says hurricane Harvey impact isolated to co's Beaumont & Rosenberg Subs - SEC filing ‍​.Kansas City Southern - Too early to assess lost revenue versus delayed revenue due to hurricance Harvey‍​.Kansas City Southern says Laredo And Rosenberg Subs operational.Kansas City Southern - Preliminary estimate of impact by hurricance Harvey to i/s not expected to exceed $10 mln‍​.Kansas City Southern - hurricance's impact to KCS rolling stock & bridge infrastructure minimal‍​.Kansas City Southern - Beaumont Sub & some trackage rights remain out of service; receding water levels have allowed repairs to begin on impacted areas.Kansas City Southern - Impact of hurricane Harvey on operating expense under review.  Full Article

Kansas City Southern announces dividend increase and new share repurchase program
Tuesday, 15 Aug 2017 04:55pm EDT 

Aug 15 (Reuters) - Kansas City Southern ::Kansas City Southern announces dividend increase and new share repurchase program.Kansas City Southern says increase in quarterly dividend on kcs's common stock from $0.33 to $0.36 per share.Kansas City Southern - ‍new $800 million share repurchase program ​.Kansas City Southern - new share repurchase replaces company's previous $500 million program announced in 2015.Kansas City Southern - ‍new share repurchase program replaces company's previous $500 million program announced in 2015 and completed in Q2 of 2017​.Kansas City Southern - ‍new share repurchase program authorization includes $200 million accelerated share repurchase program, to be launched immediately.Kansas City Southern - new share repurchase program authorization includes​ ‍a $600 million open market purchase program expiring June 30, 2020.Kansas City Southern - ‍ $200 million accelerated share repurchase program is expected to be completed by early in Q4 of 2017​.  Full Article

Kansas City Southern reports Q2 EPS $1.27
Friday, 21 Jul 2017 08:00am EDT 

July 21 (Reuters) - Kansas City Southern :Kansas City Southern reports record second quarter 2017 revenues and earnings per share, and all-time record quarterly operating income.Q2 earnings per share $1.27.Q2 revenue $656 million versus I/B/E/S view $626.3 million.Q2 earnings per share view $1.28 -- Thomson Reuters I/B/E/S.Q2 adjusted earnings per share $1.33.Qtrly ‍operating ratio of 63.5 pct, compared with 61.3 pct in Q2 2016​.Kansas city southern qtrly ‍overall, carload volumes increased 6 pct compared to Q2 2016​.  Full Article

Kansas City Southern Q1 earnings per share $1.38
Friday, 21 Apr 2017 08:00am EDT 

April 21 (Reuters) - Kansas City Southern ::Kansas City Southern reports record first quarter revenues, carloads, operating income, operating ratio and earnings per share.Q1 earnings per share $1.38.Q1 revenue $610 million versus I/B/E/S view $593.8 million.Q1 earnings per share view $1.15 -- Thomson Reuters I/B/E/S.Q1 adjusted earnings per share $1.17.Qtrly overall carload volumes were 541 thousand, 6% higher compared to Q1 2016.Kansas City Southern - record Q1 operating ratio of 65.4%, a 1.2 point improvement over Q1 2016.Kansas City Southern - Q1 2017 revenues increased in four commodity groups, led by a 64% increase in energy and a 25% increase in automotive.  Full Article

Kansas City Southern files response on effective competition in the Mexican Railway Freight System
Thursday, 20 Apr 2017 04:52pm EDT 

April 20 (Reuters) - Kansas City Southern -:Kansas City Southern de Mexico files response to the investigating authority of the mexican federal competition commission preliminary report on effective competition in the mexican railway freight system.Kansas City Southern - filed its arguments and evidence with mexican federal competition commission challenging march 15, 2017 preliminary report.  Full Article

Kansas City Southern Q4 adjusted earnings per share $1.12
Friday, 20 Jan 2017 08:00am EST 

Kansas City Southern : Kansas City Southern reports fourth quarter and full-year 2016 . Q4 earnings per share $1.21 . Q4 revenue $599 million versus I/B/E/S view $603.6 million . Q4 earnings per share view $1.17 -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $1.12 . Qtrly carload volumes of 555 thousand, unchanged from prior year . Kansas City Southern says Q4 operating ratio of 64.8%, compared with 63.4% in Q4 2015 . Kansas City Southern says operating expenses in Q4 were $388 million, an increase of 2% from 2015 . Excluding estimated impact of Mexican Peso depreciation, qtrly revenues would have increased by 3% compared to Q4 of 2015 ."looking ahead to 2017, company is aware of both economic and political uncertainty".  Full Article

Kansas City Southern, Watco Companies and WTC Industrial announce joint venture investment
Wednesday, 11 Jan 2017 12:00pm EST 

Kansas City Southern : KCS, Watco, WTC announce Mexico refined energy products terminal to facilitate increased U.S. export of liquid fuels . Project will include construction of unit train liquid fuels terminal located in WTC Industrial Park in San Luis Potosi . Joint venture partners will invest approximately U.S. $45 million in project . Facility will be solely rail served by Kansas City Southern de Mexico (KCSM) .It is projected terminal project will eventually include storage facility that would provide retail fuels for population of Central Mexico.  Full Article

Kansas City Southern says Q2 earnings $1.11/ share
Tuesday, 19 Jul 2016 08:00am EDT 

Kansas City Southern : Kansas City Southern reports second quarter 2016 . Q2 earnings per share $1.11 . Q2 revenue $569 million versus I/B/E/S view $573 million . Q2 adjusted earnings per share $1.22 . Q2 earnings per share view $1.03 -- Thomson Reuters I/B/E/S . Qtrly operating ratio of 61.3 percent, compared with 68.1 percent in Q2 2015. . In Q2 of 2016, company recognized a $34 million Mexican fuel excise tax credit, reflecting a benefit for first half of 2016 .Kansas City Southern says Q2 carload volumes were unchanged compared to Q2 2015.  Full Article

Kansas City Southern prices senior notes
Wednesday, 11 May 2016 06:05pm EDT 

Kansas City Southern : Pricing of $250.0 million in aggregate principal amount of its 3.125% senior notes due 2026 .Kansas city southern announces pricing of senior notes.  Full Article

Kansas City Southern names Patrick Ottensmeyer as CEO
Tuesday, 10 May 2016 04:23pm EDT 

Kansas City Southern : KCS names Patrick J. Ottensmeyer as president and chief executive officer . Ottensmeyer will succeed David L. Starling as company's chief executive officer . Ottensmeyer will join company's board of directors upon becoming chief executive officer .Starling will also remain a member of KCS board of directors until May 2017.  Full Article

BRIEF-Kansas City Southern reports Q2 EPS $1.27

* Kansas City Southern reports record second quarter 2017 revenues and earnings per share, and all-time record quarterly operating income