Genesee & Wyoming (GWR) Tops Q4 EPS by 9c, Revenues Beat
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Genesee & Wyoming Reports Results for the Fourth Quarter of 2018
February 6, 2019 6:00 AM ESTDARIEN, Conn.--(BUSINESS WIRE)-- Genesee & Wyoming Inc. (G&W) (NYSE: GWR)
Fourth Quarter 2018 Consolidated Highlights Compared with Fourth Quarter 2017
Operating revenues increased 0.7% to $575.6 million from $571.6 million. Reported operating income decreased 0.8% to $105.7 million; Adjusted operating income increased 5.6% to $109.9 million.(1) Reported diluted earnings per share (EPS) were $0.94 with 58.9 million weighted average shares outstanding, compared with reported diluted EPS in the fourth quarter of 2017 of $6.81 with 62.7 million weighted average shares outstanding; Adjusted diluted EPS increased 29.9% to $1.00.(1) G&W... More