Kansas City Southern’s 2Q Profit Improves

July 17, 2012 10:30 AM, EDT

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Kansas City Southern’s second-quarter earnings rose to $120 million, or $1.09 a share, from $71 million, or 64 cents, a year ago.

The railroad’s revenue increased 2% to $545 million, the company said Tuesday. id="piano-pw">

Carload volumes increased 4%. Revenue grew in three out of six commodity groups, led by a 23% gain in intermodal and a 15% increase in automotive.

Revenue for the energy group, which includes coal, dipped 12%.

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