Gatx Corp Expected To Post Earnings Of $1.15 A Share: Earnings Preview

GATX

19/07/2022 14:48

* GATX Corp  GATX.N   GATX.K  is expected to show a rise in
quarterly revenue when it reports  results on July 21. 
    * The Chicago Illinois-based  company is expected to report 
a
2.2% increase in revenue to $323.933 million from $317.1 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for GATX Corp is for
earnings
of $1.15 per share. For the same quarter last year, the company
reported earnings of $1.35 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for GATX Corp
is
$130​, above​ its last closing price of $93.91. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.40        1.39       2.10      Beat    50.9
 Dec. 31 2022  1.03        1.02       1.69      Beat    65
 Sep. 30 2021  1.06        1.07       1.11      Beat    3.7​
 Jun. 30 2021  1.02        1.03       1.35      Beat    31.7
 ​​Mar.        0.85        0.85       1.02      Beat    19.5
 31 2021                                                
 Dec. 31 2020  0.88        0.89       0.50      Missed  -43.5​
 Sep. 30 2020  0.88        0.92       1.70      Beat    85.3
 Jun. 30 2020  0.92        0.94       1.05      Beat    11.4
 This summary was machine generated July 19 at 13:48 GMT.  All
figures in US dollars  unless otherwise stated