Now, the same for Kansas City Southern, beating estimates for 2Q19.
KSU: up 3.45% today.
From Benzinga:
- earnings:
- forecast: $1.61
- actual: $1.64
- beat by almost 2%; not headline worthy, but nice, just the same
- revenue:
- forecast: $706.23 million
- actual: $714 million
- beat by about 1%; again, no headline worthy, but better than the alternative (a decline, or even worse, a loss)
The company is handling the same volume as last year with fewer assets, fewer crewstarts and considerably less network congestion, driving an improvement in customer service, operating metrics and cost profile,"Keeping America great.
Heat wave, northeast US. A reader suggested I follow ISO New England and ISO New York. At 11:00 a.m. CT, July 19, 2019, a Friday morning:
- New England: doing really, really well, under $20 (about $19.50 overall)
- New York:
- New York, Long Island: $50
- New York, overall average: $36
- New York, West-A: $71 (wow): I assume "West-A"is that part of ISONY west of / outside of NYC metropolitan area; this area, I believe, is highly dependent on natural gas, based on earlier reports, especially during the winter
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Iran
One comment: I honestly don't know what Iran is up to -- it seems "they" are doing everything they can to incite a military response from the US. I understand that. I don't know what they hope to gain. Right now, it appears they are irritating their neighbors more than they are irritating Trump.
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Now, For Something A Little Different
Dueling videos. I mentioned that I enjoyed Gareth Gates' Spirit in the Sky. Arianna came back with Tukka Laga Tukka Laga.
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