Genesee & Wyoming (GWR) Reports In-Line Q3 EPS
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Genesee & Wyoming Reports Results for the Third Quarter of 2016
November 1, 2016 6:00 AM EDTDARIEN, 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