KSU Sets Positive Tone For Week Of Railroad Earnings
Posted on January 22, 2013 at 12:46 PM EST
Kansas City Southern's (KSU) profit chugged past analyst estimates on strong intermodal volume, in part because it carried more of the reviving auto industry's cars to dealers and ports. The railroad's report is also an indicator that fourth-quarter economic growth was on track because rail shippers carry a large portion of America's manufactured goods. Kansas City Southern's earnings growth sets a positive tone for announcements due late Tuesday