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0.102071428571429 0.102071428571429 -0.000714285714285674 -0.000714285714285674 0 0.00714285714285714 0.0400342857142858 0.00842857142857148
Stock impact report

Kansas City Southern Reports Strong First Quarter Results

Kansas City Southern (KSU) 
Last kansas city southern earnings: 4/17 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.kcsouthern.com
Company Research Source: Business Wire
KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS) (NYSE:KSU) reported record revenues of $731.7 million, an increase of 8% from first quarter 2019. Overall, carload volumes were up 4% compared to prior year.First Quarter 2020 First quarter revenues were $731.7 million, an increase of 8% primarily led by a 18% increase in Chemicals and Petroleum due primarily to increased refined fuel products and liquid petroleum gas shipments to Mexico. Intermodal revenues grew 11%, driven primarily by strong cross-border shipments. Agriculture and Minerals and Industrial and Consumer Products revenues also increased by 9% and 6%, respectively. These increases were partially offset by revenue declines in the remaining two commodity groups. Energy revenues declined by 13%, as increased Crude Oil shipments were more than offset by declines in Utility Coal and Frac Sand; Automotive revenues declined by 6%.First quarter operating expenses were $442.9 million, including $6.0 million of res Show less Read more
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