Genesee & Wyoming earnings flat, revenue up 8%

Markets

Tuesday, May 01, 2012

Genesee & Wyoming Inc. (GWI) reported net income in the first quarter of 2012 of $22.2 million, compared with net income of $22.1 million in the first quarter of 2011. GWI owns and operates short line and regional freight railroads and provides railcar switching services in the United States, Australia, Canada, the Netherlands and Belgium. The railroad company had revenue of $207.4 million in the first quarter of 2012, compared to $191.9 million in the s...

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