KCS’s Q4 2020 net income rises 30%
(Source: Freight Waves, January 22, 2021)
CHATTANOOG, Tenn. — Kansas City Southern’s net profit for the fourth quarter of 2020 rose 30% over a year ago despite a 5% decline in revenue. Fourth-quarter 2020 net income was $165.7 million, or $1.80 per diluted share, compared with $127.2 million, or $1.30 per diluted share, for the fourth quarter of 2019.
Full story: Freight Waves
Monday, January 25, 2021
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