Kansas City Southern's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Kansas City Southern (KSU)

Q2 2012 Earnings Call

July 17, 2012 8:45 am ET


David Starling – President, Chief Executive Officer

Michael Upchurch – Executive Vice President, Chief Financial Officer

David Ebbrecht – Executive Vice President, Operations

Patrick Ottensmeyer – Executive Vice President, Sales and Marketing

José Zozaya – President, Executive Representative – KCM Mexico


Bill Greene – Morgan Stanley

Chris Wetherbee – Citigroup

Ken Hoexter – Bank of America Merrill Lynch

Jeff Kauffman – Sterne Agee

John Barnes – RBC Capital Markets

Anthony Gallo – Wells Fargo

Tom Wadewitz – JP Morgan

Scott Group – Wolfe Trahan & Co.

Tyler Brown – Raymond James

Allison Landry – Credit Suisse

Matt Troy – Susquehanna Financial Advisors

Brad Delco – Stephens Inc.



Greetings and welcome to the Kansas City Southern Second Quarter 2012 Earnings call. At this time, all participants are in a listen-only mode. A brief question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star, zero on your telephone keypad. As a reminder, this conference is being recorded.

This presentation includes statements concerning potential future events involving the Company which could materially differ from the events that actually occur. The differences could be caused by a number of factors, including those factors identified in the Risk Factors section of the Company’s Form 10-K for the year ended December 31, 2011 filed with the SEC. The Company is not obligated to update any forward-looking statements in this presentation to reflect future events or developments. All reconciliations to GAAP can be found on the KCS website, www.kcsouthern.com.

It is now my pleasure to introduce your host, David Starling, President and Chief Executive Officer for Kansas City Southern. Mr. Starling, you may begin.

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