Bruce Krasting
Kansas City Southern (KSU) is a nice little railroad company. The stock is up 40% the past six months. The company is well run and is profitable. Some highlights from the bosses on the 2011 results:
Kansas City Southern (KSU) is a nice little railroad company. The stock is up 40% the past six months. The company is well run and is profitable. Some highlights from the bosses on the 2011 results:
“KCS’s solid fourth quarter put the final touches on a successful 2011,” stated David L. Starling, president and chief executive officer.
"For the full year 2011, revenue was a record $2.1 billion, up 16% over 2010. This is the first time that KCS generated annual revenue above $2 billion. Carloads for 2011 were 2 million, the first time annual volumes reached the 2 million threshold.
"Full-year operating income was $612 million, a 26% increase over the prior year, and the Company’s 2011 operating ratio was 70.9% compared with 73.2% in 2010. Diluted earnings per share for full year 2011 were $3.00 compared to $1.67 for 2010.
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