Kansas City Southern still anticipates double-digit revenue growth for 2021 amid favorable macroeconomic indicators, executives said during its second-quarter 2021 earnings call on Friday.
But KCS (NYSE: KSU) adjusted its 2021 target operating ratio to about 60% from earlier guidance of 57.5% amid uncertainty surrounding automotive production and disruptions of getting refined products into Mexico, among other issues. Operating ratio is a tool investors sometimes use to gauge the financial...