DARIEN, Conn.--(BUSINESS WIRE)--May 1, 2014--
Genesee & Wyoming Inc. (G&W) (NYSE:GWR)
First Quarter Highlights
Severe winter weather in North America resulted in significant
disruptions to several G&W operating regions, reducing diluted
earnings per share (EPS) in the first quarter of 2014 by an estimated
$0.23 to $0.26 from a combination of lower revenues and higher
operating costs.
Estimated revenue reduction due to weather was approximately $15
million to $20 million, primarily driven by temporary line
closures, congestion in the Nor...
More...
Genesee & Wyoming Inc. (G&W) (NYSE:GWR)
First Quarter Highlights
Severe winter weather in North America resulted in significant
disruptions to several G&W operating regions, reducing diluted
earnings per share (EPS) in the first quarter of 2014 by an estimated
$0.23 to $0.26 from a combination of lower revenues and higher
operating costs.
Estimated revenue reduction due to weather was approximately $15
million to $20 million, primarily driven by temporary line
closures, congestion in the Nor...
More...