Genesee & Wyoming Inc (NYSE:GWR) Expected to Post Earnings of $1.07 Per Share

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Equities research analysts expect that Genesee & Wyoming Inc (NYSE:GWR) will report earnings per share of $1.07 for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Genesee & Wyoming’s earnings, with estimates ranging from $1.05 to $1.10. Genesee & Wyoming posted earnings per share of $0.94 during the same quarter last year, which indicates a positive year-over-year growth rate of 13.8%. The business is scheduled to issue its next quarterly earnings report on Friday, July 26th.

On average, analysts expect that Genesee & Wyoming will report full-year earnings of $4.34 per share for the current fiscal year, with EPS estimates ranging from $4.28 to $4.40. For the next financial year, analysts anticipate that the firm will post earnings of $4.97 per share, with EPS estimates ranging from $4.80 to $5.15. Zacks Investment Research’s earnings per share averages are an average based on a survey of research firms that follow Genesee & Wyoming.

Genesee & Wyoming (NYSE:GWR) last issued its earnings results on Tuesday, April 30th. The transportation company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.81 by ($0.03). The business had revenue of $558.10 million for the quarter, compared to the consensus estimate of $566.71 million. Genesee & Wyoming had a net margin of 8.92% and a return on equity of 6.32%. The business’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.70 EPS.

Several analysts have commented on GWR shares. ValuEngine upgraded shares of Genesee & Wyoming from a “hold” rating to a “buy” rating in a research report on Friday, May 3rd. Zacks Investment Research upgraded shares of Genesee & Wyoming from a “sell” rating to a “hold” rating in a research report on Tuesday, February 12th. Raymond James cut shares of Genesee & Wyoming from a “strong-buy” rating to a “market perform” rating in a research report on Monday, April 15th. Cowen reiterated an “outperform” rating and set a $96.00 target price (up previously from $87.00) on shares of Genesee & Wyoming in a research report on Wednesday, May 1st. Finally, Bank of America cut shares of Genesee & Wyoming from a “neutral” rating to an “underperform” rating and set a $88.65 target price for the company. in a research report on Tuesday, April 30th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company’s stock. Genesee & Wyoming has a consensus rating of “Hold” and a consensus target price of $87.52.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cipher Capital LP increased its position in shares of Genesee & Wyoming by 257.9% in the 4th quarter. Cipher Capital LP now owns 10,976 shares of the transportation company’s stock valued at $813,000 after buying an additional 7,909 shares in the last quarter. Elliott Management Corp bought a new stake in shares of Genesee & Wyoming in the 4th quarter valued at $4,627,000. Dimensional Fund Advisors LP increased its position in shares of Genesee & Wyoming by 2.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,625,037 shares of the transportation company’s stock valued at $120,287,000 after buying an additional 34,236 shares in the last quarter. Golden Gate Private Equity Inc. increased its position in shares of Genesee & Wyoming by 47.5% in the 4th quarter. Golden Gate Private Equity Inc. now owns 84,500 shares of the transportation company’s stock valued at $6,255,000 after buying an additional 27,200 shares in the last quarter. Finally, FMR LLC increased its position in shares of Genesee & Wyoming by 14.1% in the 4th quarter. FMR LLC now owns 3,534,262 shares of the transportation company’s stock valued at $261,606,000 after buying an additional 436,218 shares in the last quarter. Institutional investors and hedge funds own 91.72% of the company’s stock.

Shares of Genesee & Wyoming stock opened at $97.95 on Friday. The firm has a market cap of $5.55 billion, a price-to-earnings ratio of 25.44, a price-to-earnings-growth ratio of 1.61 and a beta of 1.37. Genesee & Wyoming has a 52 week low of $68.27 and a 52 week high of $99.30. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.17 and a quick ratio of 1.06.

About Genesee & Wyoming

Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.

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