* Q1 EPS $0.39 vs est. $0.34
* Revenue $145.6 mln vs est. $141.9 mln
April 29 Genesee & Wyoming Inc (GWR.N), which
owns and operates short-line and regional railroads, posted a
quarterly profit that beat market expectations, helped an
increase in non-freight revenue.
For the first quarter, the company reported net income of
$16 million, or 39 cents a share, compared with $13.9 million,
or 38 cents a share, a year earlier.
Revenue rose 5 percent to $145.6 million.
During the first quarter of 2010, the non-freight revenue
increased by almost 14 percent to $56 million.
Analysts on an average were expecting earnings of 34 cents
a share on revenue of $141.9 million, according to Thomson
Shares of the company closed at $37.70 Wednesday on the New
York Stock Exchange.
(Reporting by Megha Mandavia in Bangalore; Editing by