Genesee and Wyoming

G&W “heading in the right direction”: Cowen analysis

Genesee & Wyoming’s second-quarter 2018 adjusted EPS (earnings per share) of $0.94 “was at the high end of guidance and just ahead of our and consensus expectations,” according to Cowen and Co. Managing Director and Railway Age Wall Street Contributing Editor Jason Seidl. “The company enjoyed freight demand improvement in all geographies, something that should begin to translate into operating leverage in the second half. Full-year guidance was largely in line with that provided last quarter. We’re raising our estimates and target and maintaining our Outperform rating.”

G&W’s Hellmann Railroader of the Year

The 55th annual recipient of Railway Age’s Railroader of the Year Award is Genesee & Wyoming Inc. Chairman, President and CEO John C. “Jack” Hellmann, leader of the world’s largest short line and regional railroad holding company, with 122 properties in five countries operating more than 15,000 miles of rail lines.