Kansas City Southern CEO on the economic recovery from coronavirus

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The CEO of Kansas City Southern told CNBC on Friday he sees the company’s recovery from coronavirus business lows continuing for the rest of 2020, an optimistic sign for the broader U.S. economy.

The railroad operator reported third-quarter earnings earlier in the day, posting revenues of $660 million that missed Wall Street estimates of $663 million. However, Kansas City Southern’s per-share earnings of $1.96, excluding items, was better than the profits per share of…



Source cnbc.com

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