Genesee & Wyoming Reports Results for the Second Quarter of 2012

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GREENWICH, Conn.--(BUSINESS WIRE)--Aug. 2, 2012--
Genesee & Wyoming Inc. (GWI) (NYSE: GWR) reported net income in the
second quarter of 2012 of $36.4 million, compared with net income of
$31.1 million in the second quarter of 2011. GWI's diluted earnings per
share (EPS) in the second quarter of 2012 were $0.84 with 43.2 million
weighted average shares outstanding, compared with diluted EPS of $0.73
with 42.8 million weighted average shares outstanding in the second
quarter of 2011.


GWI’s effective tax rate was 33.6% in the second quarter of 2012
compared with 26.8% in the second quarter of 2011. The higher tax rat...

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