Genesee & Wyoming (GWR) Tops Q1 EPS by 2c; Comps Rose 2.8%

Genesee & Wyoming (NYSE: GWR) reported Q1 EPS of $0.83, $0.02 better than the analyst estimate of $0.81. Revenue for the quarter came in at $397 million versus the consensus estimate of $376.84 million.

G&W’s same railroad freight revenues in the first quarter of 2015 were $270.4 million, compared with $287.7 million in the first quarter of 2014. Excluding a $9.5 million decrease from the net impact of foreign currency depreciation, G&W’s same railroad freight revenues decreased by $7.9 million, or 2.8%, primarily due to declines in iron ore, utility coal and steel shipments.

For earnings history and earnings-related data on Genesee & Wyoming (GWR) click here.

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