Report
Matthew Young, CFA
EUR 101.80 For Business Accounts Only

Sluggish North American Carload Volumes Persist in Genesee & Wyoming’s 4Q, but Core Pricing Solid

In the fourth quarter, narrow-moat short-line railroad Genesee & Wyoming’s total revenue increased 11%, roughly in line with our expectations. Relative to the same period last year, the increase stems mostly from acquisitions in the U.S. and Europe. Total profitability didn’t deviate drastically from our anticipated run rate. For reference, the firm closed the Heart of Georgia railroad deal (short line in the Southeast) in the U.S. and Pentalver (off-dock container services) in the U.K. in s...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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Analysts
Matthew Young, CFA

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