DST Systems Q3 Profit Declines 12%

(RTTNews) - DST Systems (DST) released earnings for third quarter that declined from last year.

The company said its bottom line fell to $53.9 million, or $1.49 per share. This was down from $61.2 million, or $1.54 per share, in last year's third quarter.

Analysts had expected the company to earn $1.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.8% to $705.0 million. This was up from $679.5 million last year.

DST Systems earnings at a glance:

-Earnings (Q3): $53.9 Mln. vs. $61.2 Mln. last year. -Earnings Decline (Y-o-Y): -11.9% -EPS (Q3): $1.49 vs. $1.54 last year. -EPS Decline (Y-o-Y): -3.2% -Analysts Estimate: $1.42 -Revenue (Q3): $705.0 Mln vs. $679.5 Mln last year. -Revenue Change (Y-o-Y): 3.8%