It's earnings season. Not just an earnings season, but the worst earnings season I am covering on this website. As usual, Kansas City Southern (KSU) is one of the first companies on my radar to report earnings. This Missouri-based railroad operator once again beat earnings estimates and benefited from higher operating efficiencies. As volumes are stabilizing, I expect the stock to bottom in the last quarter of the year before accelerating in 2021.
Source: Kansas City Southern
Here's What Happened In Q2
Let's start by taking a look at the company's bottom line.