Kansas City Southern Reports 2Q Profits Up

KANSAS CITY, Mo. (AP) _ Kansas City Southern's second-quarter
profits rose nearly 32 percent as the railroad saw higher shipments
of coal and automobiles.

The company today reports earning 25 (m) million dollars, or 30
cents per share. Excluding refinancing costs tied to its Mexican affiliate, the company said it would have earned 36 cents per share. That meets analysts' predictions.

Revenue during the quarter rose to 427 (m) million dollars, missing Wall Street expectations of 436 (m) million. The railroad said revenue from coal rose ten percent and automotive revenue went up nearly 18 percent.


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