Genesee & Wyoming Reports Results for the Fourth Quarter of 2011

Mr. RSS Feb 8, 2012

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    GREENWICH, Conn.--(BUSINESS WIRE)--Feb. 8, 2012-- Genesee & Wyoming Inc. (GWI) (NYSE: GWR) reported net income in the fourth quarter of 2011 of $33.3 million, compared with net income of $19.9 million in the fourth quarter of 2010. GWI's diluted earnings per share (EPS) in the fourth quarter of 2011 were $0.77 with 42.9 million weighted average shares outstanding, compared with diluted EPS of $0.47 with 42.3 million weighted average shares outstanding in the fourth quarter of 2010. In the fourth quarter of 2011 and 2010, GWI’s results included certain significant items that are set forth in the table below ($ in m...

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