Mid-Day Market Update: Crude Oil Down 1%; FibroGen Shares Plummet
Midway through trading Friday, the Dow traded down 0.32% to 34,874.67 while the NASDAQ fell 0.30% to 14,500.22. The S&P also fell, dropping 0.28% to 4,348.03.
Merger Money Cuts Into Kansas City Southern’s Q2 Profit
The $700 million fee that Kansas City Southern paid to terminate its merger agreement with Canadian Pacific slashed KCS' income for the second quarter.
Mid-Morning Market Update: Markets Down; Kansas City Southern Earnings Miss Views
Following the market opening Friday, the Dow traded down 0.41% to 34,844.89 while the NASDAQ fell 0.30% to 14,499.54. The S&P also fell, dropping 0.30% to 4,346.93.
Kansas City Southern Miss On Q2 Earnings, See Strong Carload Volume Growth
Kansas City Southern (NYSE:KSU) reported a second-quarter revenue increase of 37% year-over-year to $749.5 million, missing the consensus of $750.77 million.…
Recap: Kansas City Southern Q2 Earnings
Shares of Kansas City Southern (NYSE:KSU) rose 0.2% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 79.13% over the past year to $2.06, which missed the estimate of $2.19.
Kansas City Southern Q2 EPS $2.06 Misses $2.19 Estimate, Sales $749.50M Miss $750.77M Estimate
Kansas City Southern (NYSE:KSU) reported quarterly earnings of $2.06 per share which missed the analyst consensus estimate of $2.19 by 5.94 percent. This is a 79.13 percent increase over earnings of $1.15 per share from
Earnings Scheduled For July 16, 2021
Companies Reporting Before The Bell
• State Street (NYSE:STT) is expected to report quarterly earnings at $1.79 per share on revenue of $2.94 billion.
Analyst Ratings For Kansas City Southern
Analysts have provided the following ratings for Kansas City Southern (NYSE:KSU) within the last quarter:
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