Genesee & Wyoming Reports Results for the Fourth Quarter of 2015 is a free online Railroad Discussion Forum and Railroad Photo Gallery for railroaders, railfans, model railroaders and anyone else who is interested in railroads. We cover a wide variety of topics, including freight trains, passenger and commuter railroads, rail news and information, tourist railroads, railway museums and railroad history.

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Genesee & Wyoming Reports Results for the Fourth Quarter of 2015
<location value="LU/us.ct.darien" idsrc="" style="font-family: Arial, sans-serif;">DARIEN, Conn.</location>--(BUSINESS WIRE)--Feb. 9, 2016-- <org value="NYSE:GWR" idsrc="" style="font-family: Arial, sans-serif;">Genesee & Wyoming Inc.</org> (G&W) (NYSE:GWR)
Fourth Quarter Highlights

  • Operating revenues increased 23.9% to <money>$514.9 million</money> from <money>$415.6 million</money>.
  • Same railroad operating revenues, excluding a <money>$16.6 million</money> negative impact of foreign currency depreciation, declined 13.8%, primarily due to weakness in iron ore, coal, metals and agricultural products shipments.
  • Adjusted income from operations (adjusted operating income) decreased 16.9% to <money>$94.2 million</money>; Reported income from operations (operating income) decreased 16.6% to <money>$94.6 million</money>.[SUP](1)[/SUP]
  • Adjusted diluted earnings per common share (EPS) decreased 24.1%, to <money>$0.85</money>, or 20.6%, excluding a <money>$0.05</money> negative impact of foreign currency; Reported diluted EPS decreased 3.9% to <money>$1.47</money>, including a <money>$0.47</money> impact from the Short Line Tax Credit and a <money>$0.17</money> impact from a reduction in <location value="LC/gb;LB/neur;LC/uk" idsrc="">U.K.</location> tax rates.[SUP](1)[/SUP]

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