This article was highlighted for PRO subscribers, Seeking Alpha's service for professional investors. Find out how you can get the best content on Seeking Alpha here.
Kansas City Southern (KSU) recently reported solid first-quarter results helped by strong revenue growth and impressive cost controls. The company's Q12020 revenues grew by 8% and adjusted expenses declined by 2% resulting in a 29% growth in adjusted operating income and over 100% incremental margins. Its adjusted EPS was $1.96, up 30% over the prior year. The company's adjusted operating ratio of 59.7 improved 650 basis