Kansas City Southern

NYSE:KSU   3:59:56 PM EDT
+1.78 (+0.63%)
4:00:00 PM EDT: $285.27 +0.19 (+0.07%)
Earnings Announcements

Canadian National CEO Expects STB Approval Will Be Coming In June-Wolfe Research Conf

Published: 05/26/2021 12:58 GMT
Kansas City Southern (KSU) - Canadian National Railway CEO Says Credit Rating Agencies S&p and Moody's Have Publicly Confirmed They Expect US to Remain Investment-grade Following Deal-wolfe Research Conf.
Canadian National CEO Expects Stb Approval Will Be Coming in June.
Canadian National CEO Says Once We Have All the Required Approval, Our Target is to Close in Voting Trust in H2 2021.
Canadian National CEO Says Co Looks Forward to Working Closely With Stb and Close the Transaction Sometime in 2022.
Canadian National CEO Says If Voting Trust is Blocked Then We Will Reconvene Within Cn, Have a Dialogue With Kcs, and Decide Appropriate Decision at That Moment.
Canadian National CEO Says Combined Co Will Be Called Canadian National Railway, Montreal Will Remain the Global Headquarter.
Canadian National CEO Says Fuel Will Have an Impact on the Q2 Operating Ratio While Strong Canadian Dollar Will Impact Eps.
Canadian National CEO Expects to Reduce Cn's Debt "very Quickly".
Kansas City Southern CEO Says Dave Starling Former CEO Will Be Trustee Which Will Satisfy Stb's Requirements for Independence and Lead to an Approval of Voting Trust.
Canadian National CEO Says Strong Balance Sheet, Cash Flow and Record Rating Profile Shows We Have the Financial Strength and That Will Satisfy the Stb.
Cn CEO Says Once Voting Trust is Approved, Majority of Kcs Shareholders Will Need to Approve Transaction Into Our Shareholders' Vote Which Will Happen Sometime at End of Summer.
Revenue is expected to be $745.01 Million
Adjusted EPS is expected to be $2.21

Next Quarter Revenue Guidance is expected to be $774.22 Million
Next Quarter EPS Guidance is expected to be $2.41

More details on our Analysts Page.