Revenue Update on DST Systems(NYSE:DST)

DST Systems(NYSE:DST) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 21, 2016. Company reported revenue of $390.50M. Analysts estimated a revenue of $545.57M. Earnings per share were $1.42. Analysts had estimated an EPS of $1.50.

DST Systems (DST) shares turned negative on Wednesdays trading session with the shares closing down -0.28 points or -0.23% at a volume of 2,90,201. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $124.32. The peak price level was also seen at $124.32 while the days lowest was $122.74. Finally the shares closed at $123.01. The 52-week high of the shares is $134.39 while the 52-week low is $95.54. According to the latest information available, the market cap of the company is $4,082 M.

Several Insider Transactions has been reported to the SEC. On Jun 16, 2016, Mike Abbaei (Executive Vice President) sold 7,000 shares at $117.27 per share price.Also, On Apr 22, 2016, Jonathan J Boehm (Exe VP & President of Subsidia) sold 2,000 shares at $120.00 per share price.On Mar 17, 2016, Stephen C Hooley (Chairman, CEO & President) sold 24,517 shares at $107.11 per share price, according to the Form-4 filing with the securities and exchange commission.

DST Systems Inc. (DST) is a provider of technology-based information processing and servicing solutions. The Company offers its solutions through unified data management business processing and customer communications solutions to clients within the asset management brokerage retirement and healthcare markets. The Company manages its business through three operating segments: Financial Services which provides investor and asset distribution services to companies within the financial services industry; Healthcare Services which provide healthcare organizations a variety of medical and pharmacy benefit solutions and Customer Communications which offers a range of integrated print mail and electronic solutions. Its investments in equity securities private equity investments real estate and certain financial interests are aggregated into an Investments and Other segment.

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