Kansas City Southern Sees Q2 Improvement Continuing

Kansas City Southern (KSU) shares shot up Friday, roaring past their 50-day moving average after management said improvements in volumes in the second quarter look to be continuing. The rail company's Q2 earnings per share fell 15% to $1.03, a penny above views, as lower fuel costs boosted profit. Revenue slid 10%, though, to $585.8 million as carloads slid 6%, undershooting Wall Street's $602.8 million target. Sales declined in coal, fracking

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Kansas City Southern [+]    KSU [+]    Wall Street [+]   

More #news: