How Much Did Genesee & Wyoming’s 4Q17 Operating Margins Expand?
While GWR’s revenues rose 10% in the fourth quarter 2017, its operating expenses rose just 0.1%. GWR’s North America segment’s adjusted operating margin fell 3.5% to 23.6%, from 27.1% in 4Q16. Its operating income per share was $0.01 lower due to higher claims expenses.