Currencies and Restructuring Costs Derail Genesee & Wyoming Inc’s Earnings Growth – Madison.com

The first quarter didn’t go quite as well as Genesee & Wyoming (NYSE: GWR) planned. While the regional rail operator enjoyed the benefits from the first full quarter of operations at two recent acquisitions, several other issues weighed on earnings, which sank during the quarter. That said, the company expects to put many of these matters in the rearview mirror because of several catalysts it sees on the horizon that should drive full-year results higher.