This US Railroad Had the Highest Earnings Growth in Q1 2018
In the previous part of this series, we reviewed major US railroads’ operating margins. In this part, we’ll examine their adjusted EPS in the first quarter. Railroads (XLI) with strong track records of managing costs amid higher volumes are rewarded by the market. Their earnings often grow at a rapid pace. Major non-operating costs such as interest also impact railroads’ earnings. Lower taxes due to the Tax Cuts and Jobs Act resulted in far superior earnings growth for railroads with US-specific operations in the first quarter.