Genesee & Wyoming Reports Results for the First Quarter of 2012

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GREENWICH, Conn.--(BUSINESS WIRE)--May. 1, 2012--
Genesee & Wyoming Inc. (GWI) (NYSE: GWR) reported net income in the
first quarter of 2012 of $22.2 million, compared with net income of
$22.1 million in the first quarter of 2011. GWI's diluted earnings per
share (EPS) in the first quarter of 2012 were $0.52 with 43.1 million
weighted average shares outstanding, compared with diluted EPS of $0.52
with 42.5 million weighted average shares outstanding in the first
quarter of 2011.


GWI’s effective tax rate was 35.6% in the first quarter of 2012, as
compared to 27.7% in the first quarter of 2011. The higher tax rate in...

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