Kansas City Southern Attains Record 4Q Revenue and EBIT, but NAFTA Concerns Are Still a Cloud
We expect the volume growth and operating performance Kansas City Southern demonstrated in 2017 to continue in 2018, but believe the stock will move in the near term, owing to investors’ NAFTA expectations. This quarter, the rail grew sales a solid 10% on 5% volume growth, and a 64% operating ratio yielded record fourth-quarter EBIT; normalized EPS improved 23%. Full 2017 results were similar: The rail improved revenue 11% on 5% volume growth and delivered a full-year 64.3% OR, expanding adjuste...Kansas City Southern is a transportation holding company with domestic and international rail operations in North America. The company's subsidiary, The Kansas City Southern Railway Company, is a United States Class I railroad that serves a several region in the midwest and southeast regions of United States and has north/south rail route between Kansas City, MO and several main ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas. The company's subsidiary, Kansas City Southern de Mexico, S.A. de C.V. operates a main commercial corridor of the Mexican railroad system and has as its main route a direct rail passageway between Mexico City and Laredo, TX.
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