Genesee & Wyoming (GWR) Tops Q3 EPS by 7c, Revenues Beat
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Genesee & Wyoming Reports Results for the Third Quarter of 2018
October 30, 2018 6:00 AM EDTDARIEN, Conn.--(BUSINESS WIRE)-- Genesee & Wyoming Inc. (G&W) (NYSE: GWR)
Third Quarter 2018 Consolidated Highlights Compared with Third Quarter 2017
Operating revenues increased 4.6% to $603.3 million from $576.9 million. Reported operating income increased 16.4% to $127.8 million; Adjusted operating income increased 14.3% to $130.5 million.(1) Reported diluted earnings per common share (EPS) increased 45.0% to $1.16 with 60.1 million weighted average shares outstanding, compared with reported diluted EPS in the third quarter of 2017 of $0.80 with 62.5 million weighted average shares outstanding; Adjusted diluted EPS increased 51.9% to $1.23.(1)... More