April 20, 2018 / 12:35 PM / 8 months ago

Strong volumes lift Kansas City Southern quarterly profit

April 20 (Reuters) - Kansas City Southern, a regional U.S. railroad with large operations in Mexico, reported a higher net quarterly profit on Friday, driven by higher volumes of petroleum, consumer goods, cars, and chemicals.

The Kansas City, Missouri-based company posted first quarter net income of $145 million, or $1.40 per diluted share, compared with $147 million, or $1.38 per diluted share in the same period a year ago.

Adjusting for one-time items, the railroad reported earnings of $1.30 a share, compared to $1.17 a year ago.

Reporting by Eric M. Johnson in Seattle Editing by Chizu Nomiyama

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