UPDATE: Genesee & Wyoming Posts Downbeat Q1 Profit

Genesee & Wyoming GWR reported a rise in its first-quarter profit. Genesee & Wyoming's quarterly profit surged to $82.7 million, or $1.46 per share, from $22.2 million, or 0.52 per share, in the year-ago period. Excluding one-time items, it earned $0.87 per share. Its revenue gained 81% to $375.2 million. However, analysts were expecting earnings of 0.89 per share on revenue of $384 million. Genesee & Wyoming shares closed at $85.20 yesterday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!