Gatx Corp Expected To Post Earnings Of $1.39 A Share: Earnings Preview

GATX

18/04/2022 14:32

* GATX Corp  GATX.N   GATX.K  is expected to show a rise in
quarterly revenue when it reports  results on April 20. 
    * The Chicago Illinois-based  company is expected to report 
a
5.6% increase in revenue to $323 million from $305.8 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for GATX Corp is for
earnings
of $1.39 per share. For the same quarter last year, the company
reported earnings of $1.02 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
$128​, above​ its last closing price of $117.29. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  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. 31 2021  0.85        0.85       1.02      Beat    19.5
 ​​Dec.        0.88        0.89       0.50      Missed  -43.5
 31 2020                                                
 Sep. 30 2020  0.88        0.92       1.70      Beat    85.3​
 Jun. 30 2020  0.92        0.94       1.05      Beat    11.4
 Mar. 31 2020  1.22        1.22       1.31      Beat    7.7
 This summary was machine generated April 18 at 13:32 GMT.  All
figures in US dollars  unless otherwise stated