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Genesee & Wyoming reports weaker than expected fourth quarter, increased carloadings
From the headline I expected a tear or two to form, but I sure would not cry if I were G&W.
I think the stock market expected even worse, as G&W’s shares pretty much rocketed after these results. Poorer than expected or not, they’re not doing badly.
I agree that there is no reason for tears…Excellant report…I wonder what the operation earnings rate is?? In the 70 % area…