Transportation Industry

Genesee & Wyoming Inc - financial report - Brief Article

Railway Age, August, 2001

Genesee & Wyoming Inc. (GWI) announced in mid-July that it expected second-quarter earnings to reach $0.59 cents per share, $0.07 cents higher than expectations of analysts. In the second quarter of 2000, per share earnings were $0.34, or $0.57 excluding a non-cash charge associated with depreciation of the Mexican peso.

Strong coal traffic and the start-up of shipments from an on-line salt mine were factors in this years second-quarter performance.

COPYRIGHT 2001 Simmons-Boardman Publishing Corporation
COPYRIGHT 2002 Gale Group

 

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