DST Systems Reveals 8% Decline In Q3 Earnings

(RTTNews) - DST Systems (DST) revealed a profit for third quarter that retreated from last year.

The company said its bottom line declined to $46.5 million, or $0.76 per share. This was lower than $50.7 million, or $0.77 per share, in last year's third quarter.

Analysts had expected the company to earn $0.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 45.5% to $562.6 million. This was up from $386.7 million last year.

DST Systems earnings at a glance:

-Earnings (Q3): $46.5 Mln. vs. $50.7 Mln. last year. -Earnings Decline (Y-o-Y): -8.3% -EPS (Q3): $0.76 vs. $0.77 last year. -EPS Decline (Y-o-Y): -1.3% -Analysts Estimate: $0.73 -Revenue (Q3): $562.6 Mln vs. $386.7 Mln last year. -Revenue Change (Y-o-Y): 45.5%