- Kansas City Southern (KSU +2.2%) reports Q4 net income of $120M vs. $133M a year ago as weakness with the Mexican peso factored in.
- Earnings were 3% lower in the quarter due to the peso slide.
- During the earnings conference call, CEO Patrick Ottensmeyer said the company still has many question about U.S.-Mexico relations as the new administration takes over.
- Looking ahead, Kansas City Southern sees capex spending of $550M to $560M this year.
- Previously: Kansas City Southern beats by $0.04, misses on revenue (Jan. 20)