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  • lner2512 lner2512 Oct 29, 2009 2:33 PM Flag

    Rusty Spike Q3--2009

    Well. I'm impressed--earnings are out, you hit it on the head and you win your own award!

    I don't understand the market's reaction, though; KSU dropped briefly below $23 on the news, has barely moved up since (other rails are up 2-3+% today) even on heavy volume. This beat--or more--was either priced in already, or the market doesn't believe the improvement will last. Hopefully, we'll see fourth quarter estimates raised shortly.

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    • Hey Beagle...I beat you on revenues, I should at least get a track bolt. Earnings will look much better from here on out since its been over a year now since the traffic decline set in due to recession. Numbers when compared to year ago numbers will look better next quarter. Congrats to Beagle for nailing EPS and others who took a shot at the spike.
      GLTA MP

93.27+3.81(+4.26%)Aug 27 4:02 PMEDT