Source: Wall Street Journal
Kansas City Southern (KSU) reports quarterly earnings on January 17th. Analysts expect revenue of $733.58 million and EPS of $1.86. The revenue estimate implies a 6% increase Y/Y. Investors should focus on the following key items.
Mexico-Based Volume
Kansas City Southern has been growing revenue, while other railroads have been facing serious headwinds. For the first 51 weeks of 2019 combined U.S. rail traffic (carloads and intermodal units) was off over 4.5% Y/Y. In Q3 the company generated revenue of $748 million, an increase of 7% Y/Y. Price hikes