RailAmerica, Inc. Reports Second Quarter 2012 Results

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JACKSONVILLE, Fla., July 25, 2012 /PRNewswire/ --
Second Quarter Highlights

Revenue increased 12% versus second quarter 2011.
Operating income up 19%; (up 28% excluding 45G benefit, asset sales and impairments(1)).
Net income of $0.23 per share.
Adjusted net income per share(1) of $0.34.

RailAmerica, Inc. (NYSE: RA) today reported financial results for the quarter ended June 30, 2012.  Second quarter 2012 revenue increased 12% to $156.1 million from $139.2 million in the second quarter of 2011.  Freight revenue increased 8% to $113.6 million with average revenue per car up 4% and carloads up 4%.  Non-freight revenue increased 26% to $42.5...


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