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INX:KSU, May 22, 03:48 UTC

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Thursday, May 16


News

Wafra Investment Advisory Group INC Decreased Its Kansas City Southern (KSU) Stake as Shares Rose

KSU

86.05 million shares or 1.89% more from 84.45 million shares in 2018Q3 were reported. Gofen & Glossberg Lc Il reported 0.48% in Kansas City Southern (NYSE:KSU). Wafra Investment Advisory Group Inc, which manages about $7.55B and $2.55 billion US Long portfolio, upped its stake in M & T Bank Corp. (NYSE:MTB) by 27,880 shares to 145,551 shares, valued at $20.83M in 2018Q4, according to the filing. More notable recent Kansas City Southern (NYSE:KSU) news were published by: Benzinga.com which released: “(TPOR), Kansas City Southern (NYSE:KSU) – Prepare For Transportation Tests With This ETF – Benzinga” on April 15, 2019, also 247Wallst.com with their article: “3 Key Transportation Stocks Surging on Earnings – 24/7 Wall St.” published on April 17, 2019, Benzinga.com published: “(BRK), Kansas City Southern (NYSE:KSU) – U.S. Rail Volumes Dip As Carriers Grapple With Flooding Impacts – Benzinga” on April 04, 2019.

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Kansas City Southern (KSU) Shareholder Wafra Investment Advisory Group INC Has Trimmed Stake by $7.60 Million as Share Price Rose

KSU BLK

86.05 million shares or 1.89% more from 84.45 million shares in 2018Q3 were reported. Hsbc Holding Public Limited Liability Company reported 0.02% of its portfolio in Kansas City Southern (NYSE:KSU). Wafra Investment Advisory Group Inc, which manages about $7.55 billion and $2.55 billion US Long portfolio, upped its stake in Vanguard Emerging Markets Etf (VWO) by 751,244 shares to 6.01M shares, valued at $228.90M in 2018Q4, according to the filing. More interesting news about Kansas City Southern (NYSE:KSU) were released by: Businesswire.com and their article: “KCS’ Mike Upchurch and Sameh Fahmy to Address the Bank of America Merrill Lynch 2019 Transportation and Industrials Conference – Business Wire” published on April 30, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For April 17, 2019 – Benzinga” with publication date: April 17, 2019.

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Monday, May 13


News

As Kansas City Southern (KSU) Market Value Rose, Wafra Investment Advisory Group INC Cut Position by $7.60 Million

KSU

It turned negative, as 69 investors sold KSU shares while 168 reduced holdings. 86.05 million shares or 1.89% more from 84.45 million shares in 2018Q3 were reported. The institutional investor held 76,805 shares of the railroads company at the end of 2018Q4, valued at $7.33M, down from 156,783 at the end of the previous reported quarter. More notable recent Kansas City Southern (NYSE:KSU) news were published by: Benzinga.com which released: “Earnings Scheduled For April 17, 2019 – Benzinga” on April 17, 2019, also Businesswire.com with their article: “KCS’ Mike Upchurch and Sameh Fahmy to Address the Bank of America Merrill Lynch 2019 Transportation and Industrials Conference – Business Wire” published on April 30, 2019, Seekingalpha.com published: “All Aboard Kansas City Southern?

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Friday, May 10


News

Kansas City Southern Reorganizes Leadership Over Chemical & Petroleum and Industrial & Consumer Commodity Groups

KSU

Kansas City Southern (KCS) (KSU) today announced the reorganization of its leadership over the Chemical & Petroleum and Industrial & Consumer commodity groups. Yesica Gloria Marrufo was promoted from assistant vice president sales for metals, industrial, forest products, chemicals, and petroleum to vice president sales and marketing for industrial and consumer products in the U.S. and Mexico. “Ginger and Yesica are both proven leaders in the company and their fields,” said KCS executive vice president and chief marketing officer Mike Naatz. Its primary U.S. holding is The Kansas City Southern Railway Company, serving the central and south central U.S. Its international holdings include KCSM, serving northeastern and central Mexico and the port cities of Lázaro Cárdenas, Tampico and Veracruz, and a 50 percent interest in Panama Canal Railway Company, providing ocean-to-ocean freight and passenger service along the Panama Canal.

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Thursday, April 18


News

Raymond James Boosts Kansas City Southern Price Target After Q1 Beat

KSU

Kansas City Southern (NYSE: KSU) delivered a first-quarter beat Wednesday that reflected, among other things, early progress in the company’s enaction of Precision Scheduled Railroading, or PSR, techniques, according to Raymond James. Patrick Brown maintained a Buy rating on Kansas City Southern and raised the price target from 5 to 0. The company provided an extensive overview of its PSR initiatives. Although it’s still early, Kansas City Southern witnessed an 11-percent improvement in train velocity and 5-percent improvement in dwell time, the analyst said. View more earnings on KSU. While reiterating its revenue growth guidance of 5-7-percent for 2019, Kansas City Southern reduced its volume growth outlook from 3-4 percent to 2-3 percent.

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Wednesday, April 17


News

Kansas City Southern (KSU) Q1 Earnings Top Estimates, Up Y/Y

KSU

Results were aided by higher revenues across most segments and a better operational performance.The company delivered revenues of $674.8 million, surpassing the Zacks Consensus Estimate of $668 million. Kansas City Southern’s operating ratio (operating expenses as a percentage of revenues) improved to 64.2% from 65.8% a year ago despite operating expenses rising 22.5%. Kansas City Southern Price, Consensus and EPS Surprise | Kansas City Southern Quote. Revenues per carload also climbed 4% from the prior-year quarter.The Industrial & Consumer Products segment generated revenues of $149.8 million, up 2% year over year. While business volumes contracted 3%, revenues per carload increased 5% year over year.The Agriculture & Minerals segment’s total revenues were $122.9 million, up 8% year over year. While business volumes increased 9%, revenues per carload slipped 1%, both on a year-over-year basis.The Energy segment’s revenues logged $64.6 million, up 5% year over year. While business volumes expanded 6% year over year, revenues per carload remained flat.Intermodal revenues were $79.9 million, down 12% year over year.

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Kansas City Southern's First-Quarter Net Profit Jumps 16 Percent

KSU

Kansas City Southern (NYSE: KSU) said its first quarter 2019 net profits rose nearly 16 percent amid its ongoing transition to precision scheduled railroading (PSR). Adjusted net income for the first quarter of 2019 totaled $154.9 million, or $1.54 per share, compared with $133.8 million, or $1.30 per share, for the first quarter of 2018. Record first quarter revenue of $675 million boosted profits, even though overall carloads declined by 1 percent over service interruptions at Lázaro Cárdenas, Mexico because of teacher protests, KSU said. KCS adopted PSR in January, following other Class I railroads that have deployed in recent years, including CSX (NYSE: CSX), Norfolk Southern (NYSE: NSC) and Union Pacific (NYSE: UNP).

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Kansas City Southern Q1 profit beats expectations

KSU

April 17 (Reuters) - U.S. railroad operator Kansas City Southern on Wednesday reported a first-quarter profit that topped Wall Street's estimate, boosted by an increase in refined fuel and grain shipments to Mexico. First-quarter net income available to common stockholders fell 29 percent to $102.7 million, or $1.02 per share, versus a year earlier. Excluding items, KSU earned $1.54 per share, beating the average analyst estimate by 10 cents per share, according to IBES data from Refinitiv. Car loads fell 1 percent, largely due to protests by teachers, who blocked tracks for four weeks starting on Jan. 14 and disrupted shipments between Toluca, near Mexico City, and the Pacific Ocean port of Lazaro Cardenas.

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Kansas City Southern (KSU) Q1 Earnings and Revenues Beat Estimates

KSU

Kansas City Southern (KSU) Q1 Earnings and Revenues Beat Estimates. A quarter ago, it was expected that this railroad company would post earnings of $1.56 per share when it actually produced earnings of $1.56, delivering no surprise. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Kansas City Southern was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future.

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News

Kansas City Southern Q1 profit beats expectations

KSU

April 17 (Reuters) - U.S. railroad operator Kansas City Southern on Wednesday reported a first-quarter profit that topped Wall Street's estimate, boosted by an increase in refined fuel and grain shipments to Mexico. First-quarter net income available to common stockholders fell 29 percent to $102.7 million, or $1.02 per share, versus a year earlier. Excluding items, KSU earned $1.54 per share, beating the average analyst estimate by 10 cents per share, according to IBES data from Refinitiv. Car loads fell 1 percent, largely due to protests by teachers, who blocked tracks for four weeks starting on Jan. 14 and disrupted shipments between Toluca, near Mexico City, and the Pacific Ocean port of Lazaro Cardenas.

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  • Business
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