DST Systems Q1 Profit Rises - Quick Facts

(RTTNews) - DST Systems, Inc. (DST) reported that first-quarter net income grew to $107.8 million or $2.87 per share from $100.4 million or $2.37 per share in the comparable quarter last year.

Excluding certain items, adjusted net income for the quarter was $52.6 million or $1.40 per share, compared to $47.5 million or $1.12 per share a year ago. On average, five analysts polled by Thomson-Reuters estimated earnings to be $1.29 per share. Analysts' estimates typically exclude one-time items.

Operating revenues for the quarter rose to $495.7 million from $505.2 million in the previous year. Total revenues were $702.3 million, compared to $683.8 million in the same quarter last year. Analysts expected revenues of $683.86 million for the quarter.