Gatx Corp Expected To Post Earnings Of $1.47 A Share: Earnings Preview

GATX

20/10/2023 13:54

* GATX Corp  GATX.N   GATX.K  is expected to show a rise in
quarterly revenue when it reports  results on October 24. 
    * The Chicago Illinois-based  company is expected to report 
a
7.2% increase in revenue to $344.02 million from $321 million a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for GATX Corp is for
earnings
of $1.47 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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
$137​, above​ its last closing price of $105.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.65        1.66       1.73      Beat    4.5
 Mar. 31 2023  1.69        1.71       2.20      Beat    28.8
 Dec. 31 2022  1.44        1.44       1.54      Beat    7.1​
 Sep. 30 2022  1.24        1.21       1.12      Missed  -7.7
 ​​Jun.        1.14        1.15       1.07      Missed  -6.5
 30 2022                                                
 Mar. 31 2022  1.40        1.39       2.10      Beat    50.9​
 Dec. 31 2021  1.03        1.02       1.69      Beat    65
 Sep. 30 2021  1.06        1.07       1.11      Beat    3.7
 This summary was machine generated October 20 at 12:54 GMT.  All
figures in US dollars  unless otherwise stated