Genesee & Wyoming (GWR) Posts Q1 EPS of $0.53

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Genesee & Wyoming Reports Results for the First Quarter of 2017

May 2, 2017 6:00 AM EDT

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

First Quarter 2017 Consolidated Highlights Compared with First Quarter 2016

Operating revenues increased 7.6% to $519.1 million from $482.6 million. Reported operating income increased 35.9% to $77.5 million; Adjusted operating income increased 8.6% to $86.6 million.(1) Reported diluted earnings per common share (EPS) attributable to G&W decreased 10.6% to $0.42; Adjusted diluted EPS attributable to G&W decreased 20.9% to $0.53; Adjusted diluted EPS included a $0.05 loss as a result of the net mark-to-market impact of a foreign currency... More