Genesee & Wyoming (GWR) Tops Q1 EPS by 5c, Comments on Outlook

Genesee & Wyoming (NYSE: GWR) reported Q1 EPS of $0.77, $0.05 better than the analyst estimate of $0.72. Revenue for the quarter came in at $482.6 million versus the consensus estimate of $490.52 million.

"As we look ahead to the remainder of 2016, our outlook for North America and the U.K./Europe is broadly unchanged while our outlook for Australia is modestly weaker. Overall, G&W expects an approximately 12% decline in adjusted diluted EPS in 2016, and an approximately 8% increase in our free cash flow in 2016. In addition, we continue to actively evaluate acquisitions and investments in multiple geographies within our global footprint."(1)

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

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