Analysts predict that Genesee & Wyoming Inc (NYSE:GWR) will post sales of $570.82 million for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Genesee & Wyoming’s earnings. The highest sales estimate is $575.21 million and the lowest is $564.24 million. Genesee & Wyoming reported sales of $519.11 million in the same quarter last year, which would suggest a positive year over year growth rate of 10%. The firm is expected to issue its next earnings report on Tuesday, May 1st.
On average, analysts expect that Genesee & Wyoming will report full-year sales of $570.82 million for the current financial year, with estimates ranging from $2.38 billion to $2.41 billion. For the next year, analysts expect that the firm will report sales of $2.53 billion per share, with estimates ranging from $2.51 billion to $2.57 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover Genesee & Wyoming.
Genesee & Wyoming (NYSE:GWR) last released its quarterly earnings results on Thursday, February 8th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.75 by $0.02. Genesee & Wyoming had a net margin of 24.87% and a return on equity of 5.23%. The company had revenue of $571.60 million during the quarter, compared to the consensus estimate of $566.73 million. During the same period in the prior year, the firm earned $0.99 earnings per share. Genesee & Wyoming’s revenue was up 10.7% on a year-over-year basis.
A number of institutional investors and hedge funds have recently made changes to their positions in GWR. Nationwide Fund Advisors grew its holdings in Genesee & Wyoming by 0.4% in the third quarter. Nationwide Fund Advisors now owns 384,942 shares of the transportation company’s stock worth $28,490,000 after purchasing an additional 1,638 shares during the period. Crossmark Global Holdings Inc. purchased a new stake in Genesee & Wyoming in the third quarter worth about $405,000. American Century Companies Inc. purchased a new stake in shares of Genesee & Wyoming during the third quarter valued at approximately $889,000. Principal Financial Group Inc. grew its holdings in shares of Genesee & Wyoming by 4.0% during the third quarter. Principal Financial Group Inc. now owns 261,575 shares of the transportation company’s stock valued at $19,360,000 after buying an additional 10,084 shares during the last quarter. Finally, Rhumbline Advisers grew its holdings in shares of Genesee & Wyoming by 7.7% during the third quarter. Rhumbline Advisers now owns 117,624 shares of the transportation company’s stock valued at $8,705,000 after buying an additional 8,401 shares during the last quarter. Institutional investors and hedge funds own 96.67% of the company’s stock.
Genesee & Wyoming (GWR) opened at $74.07 on Tuesday. Genesee & Wyoming has a one year low of $61.44 and a one year high of $84.40. The stock has a market cap of $4,620.00, a PE ratio of 26.17, a P/E/G ratio of 1.19 and a beta of 1.75. The company has a quick ratio of 1.14, a current ratio of 1.26 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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