Genesee & Wyoming Reports Results for the Second Quarter of 2016

Mr. RSS Aug 1, 2016

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    DARIEN, Conn.--(BUSINESS WIRE)--Aug. 1, 2016-- Genesee & Wyoming Inc. (G&W) (NYSE:GWR) Second Quarter Consolidated Highlights Operating revenues decreased 7.5% to $501.4 million from $542.2 million. Reported operating income decreased 12.3% to $87.2 million; Adjusted operating income decreased 5.3% to $94.4 million.(1) Reported diluted earnings per common share (EPS) decreased 9.8% to $0.83; Adjusted diluted EPS remained constant at $0.93; Adjusted diluted EPS excluding the Short Line Tax Credit decreased 12.9% to $0.81.(1) ...

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