Kansas City Southern said its third-quarter normalized net income was 97 cents per share, compared with the S&P Capital IQ consensus estimate of $1.22 per share.
EPS fell 15.2% year over year from $1.15.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $107.1 million, a decrease of 15.6% from $127.0 million in the prior-year period.
The normalized profit margin fell to 17.0% from 18.7% in the year-earlier period.
Total revenue decreased 6.7% on an annual basis to $631.9 million from $677.5 million, and total operating expenses fell 8.1% year over year to $412.0 million from $448.1 million.
Reported net income declined year over year to $131.9 million, or $1.20 per share, from $138.1 million, or $1.25 per share.