Close

Genesee & Wyoming (GWR) Reports In-Line Q3 EPS

Go back to Genesee & Wyoming (GWR) Reports In-Line Q3 EPS

Genesee & Wyoming Reports Results for the Third Quarter of 2016

November 1, 2016 6:00 AM EDT

DARIEN, Conn.--(BUSINESS WIRE)-- Genesee & Wyoming Inc. (G&W) (NYSE: GWR)

Third Quarter Consolidated Highlights

Operating revenues decreased 8.3% to $501.0 million from $546.3 million. Reported operating income decreased 21.9% to $91.9 million; Adjusted operating income decreased 19.0% to $95.8 million.(1) Reported diluted earnings per common share (EPS) decreased 10.9% to $0.98; Adjusted diluted EPS decreased 13.6% to $0.95; Adjusted diluted EPS excluding the Short Line Tax Credit decreased 25.5% to $0.82.(1)

Third Quarter Segment Highlights

North America: Operating revenues from G&W's North American... More