RailAmerica, Inc. Reports Fourth Quarter and Full Year 2011 Results

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JACKSONVILLE, Fla., Feb. 8, 2012 /PRNewswire/ --
Fourth Quarter Highlights

Revenue increased 15% versus fourth quarter 2010.
Net income of $0.29 per share.
Adjusted net income(1) of $0.33 per share.

RailAmerica, Inc. (NYSE: RA) today reported financial results for the quarter ended December 31, 2011.  Fourth quarter 2011 revenue increased 15% to $147.3 million from $127.6 million in the fourth quarter of 2010. Freight revenue increased 5% to $103.3 million with average revenue per car up 7% and carloads down 2%. Non-freight revenue increased 48% to $44 million.  
RailAmerica President and Chief Executive Officer John Giles, said, "Our so...


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