Genesee & Wyoming (NYS: GWR) reported earnings on May 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Genesee & Wyoming missed slightly on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly. Non-GAAP earnings per share increased significantly. GAAP earnings per share grew significantly.
Gross margins contracted, operating margins grew, net margins increased.
Genesee & Wyoming logged revenue of $375.2 million. The 12 analysts polled by S&P Capital IQ predicted revenue of $382.8 million on the same basis. GAAP reported sales were 81% higher than the prior-year quarter's $207.4 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.87. The 15 earnings estimates compiled by S&P Capital IQ predicted $0.89 per share. Non-GAAP EPS of $0.87 for Q1 were 67% higher than the prior-year quarter's $0.52 per share. GAAP EPS of $1.46 for Q1 were 181% higher than the prior-year quarter's $0.52 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 20.3%, much worse than the prior-year quarter. Operating margin was 20.3%, 100 basis points better than the prior-year quarter. Net margin was 22.0%, much better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $407.4 million. On the bottom line, the average EPS estimate is $1.13.
Next year's average estimate for revenue is $1.63 billion. The average EPS estimate is $4.65.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 927 members out of 954 rating the stock outperform, and 27 members rating it underperform. Among 296 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 292 give Genesee & Wyoming a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Genesee & Wyoming is outperform, with an average price target of $96.07.
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The article Genesee & Wyoming Misses on Both Revenue and Earnings originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Genesee & Wyoming. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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