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January 3, 2014
09:30 EDTGWRGenesee & Wyoming acquisition should be immediately accretive, says Stephens
Stephens expects Genesee & Wyoming's acquisition of a portion of the Dakota, Minnesota & Eastern rail line to be immediately accretive to its EPS upon the closing of the deal, which is expected to occur in the middle of next year. The firm thinks that the company has multiple catalysts on the horizon and a long-term EPS growth outlook of 15%-20%. It reiterates the stock as a Best Idea.
News For GWR From The Last 14 Days
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April 21, 2015
19:12 EDTGWRCanadian Pacific CEO says U.S. railways due for activist pressure, Reuters says
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April 14, 2015
17:05 EDTGWRGenesee & Wyoming reports March traffic down 2.2% to 164,261 carloads
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April 13, 2015
17:03 EDTGWRRailroad operators under pressure after Norfolk Southern guidance
Shares of railroad operators are active after Norfolk Southern (NSC) provided first quarter guidance that came in below analysts' consensus estimates. The company provided Q1 EPS guidance of $1.00, below analysts' estimates of $1.27, on revenue of $2.6B, also below analysts' estimates of $2.69B. Norfolk Southern said revenue decreases reflect reductions in fuel surcharge revenue in each of NS' three commodity groups, continued reductions in coal volumes, and a lower average revenue per unit related to the mix of business. Lower overall expenses were aided by declining fuel expense but hurt by weather and service recovery costs. PEERS: Publicly traded companies in the railroad space include CSX (CSX), Canadian National (CNI), Canadian Pacific (CP), Genesee & Wyoming (GWR), Kansas City Southern (KSU), and Union Pacific (UNP). PRICE ACTION: Norfolk Southern is down 3.9%, CSX is down 2.2%, Canadian National is lower by 0.6% and Union Pacific is lower by 1.8% in after-hours trading.

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