RailAmerica, Inc. Reports Second Quarter 2011 Results

Mr. RSS Oct 25, 2011

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    PDF format JACKSONVILLE, Fla., July 27, 2011 /PRNewswire via COMTEX/ --Second Quarter HighlightsRevenue increased 17% versus second quarter 2010.Income from continuing operations of $0.17 per share.Adjusted income from continuing operations (1) of $0.24 per share.Acquired three railroads in Alabama.RailAmerica, Inc. (NYSE: RA) today reported financial results for the quarter ended June 30, 2011. Second quarter 2011 revenue increased 17% to $139.2 million from $119.5 million in the second quarter of 2010. Freight revenue increased 7% to $105.6 million with average revenue per car up 11% and carloads down 3%. Non-freight revenue increased 59% to $33.6 mil...

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