October 18, 2016 / 12:22 PM / a year ago

Kansas City Southern third-quarter profit falls

DETROIT, Oct 18 (Reuters) - Regional U.S. railroad Kansas City Southern on Tuesday reported a lower quarterly net profit, as freight volumes fell in sectors including automotive and consumer goods.

The Kansas City-based company reported net income for the third quarter of $120.3 million or $1.12 per share, down more than 7 percent from $132.9 million or $1.21 per share a year earlier. Analysts had on average expected earnings per share for the quarter of $1.18.

Reporting By Nick Carey Editing by W Simon

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