DST Systems, Inc. provides technology-based information processing and servicing solutions in the United States, the United Kingdom, Canada, Australia, and internationally. The company's Financial Services segment provides investor, investment, advisor/intermediary, and asset distribution services to companies in the financial services industry. This segment provides customers information processing solutions, such as tracking of purchases, redemptions, and exchanges and transfers of shares; maintaining investor identification and ownership records; reconciling cash and share activity; processing dividends; reporting sales; performing tax and other compliance functions; and providing information for printing of investor trade confirmations, statements, and year-end tax forms. The company's Healthcare Services segment offers healthcare organizations a range of medical and pharmacy solutions for information processing, quality of care, cost management, and payment integrity needs; and healthcare solutions, including claims adjudication, benefit management, care management, business intelligence, and other ancillary services. Its Customer Communications segment provides a range of integrated print, mail, and electronic solutions to companies. The company's Investments and Other segment owns and operates real estate properties for lease; and has investments in equity securities, private equity investments, and other financial interests. DST Systems, Inc. was founded in 1968 and is headquartered in Kansas City, Missouri.
DST Systems beats 3Q profit forecasts KANSAS CITY, Mo. (AP) _ DST Systems Inc. (DST) on Thursday reported third-quarter profit of $273.3 million. On a per-share basis, the Kansas City, Missouri-based company said it had net income of $8.28. Earnings, adjusted for one-time gains and costs, came to $1.53 per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share. The information processing and software services provider posted revenue of $365.5 million in the period. DST Systems shares have fallen 1 percent since the beginning of the year. The stock has dropped 1.5 percent in the last 12 months.
