Brokerages expect Genesee & Wyoming Inc (NYSE:GWR) to report earnings of $0.75 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Genesee & Wyoming’s earnings. The highest EPS estimate is $0.76 and the lowest is $0.74. Genesee & Wyoming posted earnings of $0.53 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 41.5%. The firm is scheduled to report its next earnings results on Tuesday, May 1st.
According to Zacks, analysts expect that Genesee & Wyoming will report full-year earnings of $3.89 per share for the current year, with EPS estimates ranging from $3.80 to $4.20. For the next fiscal year, analysts forecast that the company will post earnings of $4.54 per share, with EPS estimates ranging from $4.40 to $4.84. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover Genesee & Wyoming.
Genesee & Wyoming (NYSE:GWR) last issued its earnings results on Thursday, February 8th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.75 by $0.02. The firm had revenue of $571.60 million for the quarter, compared to the consensus estimate of $566.73 million. Genesee & Wyoming had a net margin of 24.87% and a return on equity of 5.23%. The business’s revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.99 earnings per share.
In other news, insider John C. Hellmann sold 12,332 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $73.71, for a total transaction of $908,991.72. Following the completion of the transaction, the insider now directly owns 404,076 shares of the company’s stock, valued at $29,784,441.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.45% of the stock is owned by insiders.
Several institutional investors and hedge funds have recently added to or reduced their stakes in GWR. Pinebridge Investments L.P. purchased a new position in shares of Genesee & Wyoming during the third quarter valued at approximately $144,000. Sowell Financial Services LLC purchased a new position in shares of Genesee & Wyoming during the third quarter valued at approximately $211,000. Wedgewood Investors Inc. PA purchased a new position in shares of Genesee & Wyoming during the fourth quarter valued at approximately $213,000. FDx Advisors Inc. purchased a new position in shares of Genesee & Wyoming during the fourth quarter valued at approximately $265,000. Finally, State of Alaska Department of Revenue purchased a new position in shares of Genesee & Wyoming during the fourth quarter valued at approximately $283,000. 95.67% of the stock is owned by hedge funds and other institutional investors.
Shares of Genesee & Wyoming (NYSE GWR) traded up $0.44 during midday trading on Thursday, hitting $71.29. 405,204 shares of the stock traded hands, compared to its average volume of 449,664. The company has a market capitalization of $4,519.72, a P/E ratio of 8.13, a PEG ratio of 1.16 and a beta of 1.71. Genesee & Wyoming has a 52-week low of $61.44 and a 52-week high of $84.40. The company has a current ratio of 1.26, a quick ratio of 1.14 and a debt-to-equity ratio of 0.59.
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About Genesee & Wyoming
Genesee & Wyoming Inc owns and operates freight railroads across the world. As of December 31, 2016, the Company owned or leased 122 freight railroads worldwide that are organized in 10 operating regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations.
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