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Kansas City Southern’s Q1 2019 net profit jumped 16 percent

(Source: Freight Waves, April 17, 2019)

CHATTANOOGA, Tenn. — Kansas City Southern‘s said its first quarter 2019 net profits rose nearly 16 percent amid its ongoing transition to precision scheduled railroading (PSR). Adjusted net income for the first quarter of 2019 totaled $154.9 million, or $1.54 per share, compared with $133.8 million, or $1.30 per share, for the first quarter of 2018.

Full story: Freight Waves

Thursday, April 18, 2019

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