RailAmerica, Inc. Reports First Quarter 2012 Results

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JACKSONVILLE, Fla., April 25, 2012 /PRNewswire via COMTEX/ --

First Quarter Highlights

Operating income up 32%; (up 57% excluding 45G benefit and asset sales[1]).
Net loss of $0.80 per share after $1.03 per share tender / refinancing charges.
Adjusted net income per share[1] of $0.26.
Continued execution of acquisition strategy.

RailAmerica, Inc. (NYSE: RA) today reported financial results for the quarter ended March 31, 2012. First quarter 2012 revenue increased 15% to $143.4 million from $124.9 million in the first quarter of 2011. Freight revenue increased 10% to $107.8 million with average revenue per car up 7% and carloads up 3%. Non-freight revenue increased 30% to $35.6 m...


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