Genesee & Wyoming, Inc. (GWR) Expected to Post Earnings of $0.72 Per Share

Equities research analysts predict that Genesee & Wyoming, Inc. (NYSE:GWR) will announce earnings per share of $0.72 for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Genesee & Wyoming’s earnings. The highest EPS estimate is $0.74 and the lowest is $0.71. Genesee & Wyoming reported earnings of $0.81 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 11.1%. The company is expected to report its next earnings results before the market opens on Tuesday, August 1st.

On average, analysts expect that Genesee & Wyoming will report full year earnings of $3.02 per share for the current financial year, with EPS estimates ranging from $2.94 to $3.05. For the next year, analysts expect that the company will report earnings of $3.65 per share, with EPS estimates ranging from $3.40 to $4.05. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover Genesee & Wyoming.

Genesee & Wyoming (NYSE:GWR) last posted its earnings results on Tuesday, May 2nd. The transportation company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.65 by $0.12. Genesee & Wyoming had a net margin of 6.89% and a return on equity of 6.61%. The business had revenue of $519.10 million during the quarter, compared to analyst estimates of $516.98 million. During the same quarter in the prior year, the business earned $0.77 earnings per share. The firm’s revenue was up 7.6% compared to the same quarter last year.

Several research firms recently weighed in on GWR. BidaskClub cut shares of Genesee & Wyoming from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Zacks Investment Research upgraded shares of Genesee & Wyoming from a “hold” rating to a “buy” rating and set a $76.00 target price for the company in a research report on Monday. Cowen and Company reiterated a “buy” rating and set a $75.00 target price on shares of Genesee & Wyoming in a research report on Tuesday, July 11th. Morgan Stanley reiterated an “equal weight” rating on shares of Genesee & Wyoming in a research report on Tuesday, July 11th. Finally, Royal Bank Of Canada restated a “hold” rating on shares of Genesee & Wyoming in a research report on Tuesday, April 11th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. Genesee & Wyoming has a consensus rating of “Hold” and an average target price of $75.67.

In other Genesee & Wyoming news, EVP Matthew O. Walsh sold 4,042 shares of the stock in a transaction dated Friday, May 26th. The shares were sold at an average price of $66.63, for a total value of $269,318.46. Following the transaction, the executive vice president now directly owns 105,872 shares of the company’s stock, valued at approximately $7,054,251.36. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider John C. Hellmann sold 14,825 shares of the stock in a transaction dated Monday, April 24th. The shares were sold at an average price of $68.49, for a total transaction of $1,015,364.25. Following the completion of the transaction, the insider now directly owns 406,229 shares in the company, valued at $27,822,624.21. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,232 shares of company stock worth $1,569,713. 3.80% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Aperio Group LLC boosted its position in shares of Genesee & Wyoming by 11.9% in the second quarter. Aperio Group LLC now owns 23,204 shares of the transportation company’s stock valued at $1,587,000 after buying an additional 2,473 shares in the last quarter. Louisiana State Employees Retirement System raised its stake in Genesee & Wyoming by 3.2% in the second quarter. Louisiana State Employees Retirement System now owns 16,000 shares of the transportation company’s stock valued at $1,094,000 after buying an additional 500 shares in the last quarter. LS Investment Advisors LLC raised its stake in Genesee & Wyoming by 19.5% in the second quarter. LS Investment Advisors LLC now owns 5,021 shares of the transportation company’s stock valued at $343,000 after buying an additional 819 shares in the last quarter. North American Management Corp raised its stake in Genesee & Wyoming by 25.0% in the second quarter. North American Management Corp now owns 5,500 shares of the transportation company’s stock valued at $376,000 after buying an additional 1,100 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its stake in Genesee & Wyoming by 4.6% in the second quarter. Oregon Public Employees Retirement Fund now owns 22,529 shares of the transportation company’s stock valued at $1,541,000 after buying an additional 985 shares in the last quarter. 96.92% of the stock is currently owned by hedge funds and other institutional investors.

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Genesee & Wyoming (NYSE GWR) opened at 68.50 on Wednesday. The stock’s 50 day moving average price is $67.00 and its 200 day moving average price is $69.07. The firm has a market capitalization of $4.27 billion, a PE ratio of 29.06 and a beta of 1.73. Genesee & Wyoming has a 12 month low of $61.44 and a 12 month high of $80.73.

Genesee & Wyoming Company Profile

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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