Gatx Corp Expected To Post Earnings Of $1.58 A Share: Earnings Preview

GATX

19/01/2024 13:56

* GATX Corp  GATX.N   GATX.K  is expected to show a rise in
quarterly revenue when it reports  results on January 23 for the
period ending December 31 2023
    * The Chicago Illinois-based  company is expected to report
a
13.2% increase in revenue to $365.4 million from $322.7 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for GATX Corp is for
earnings of
$1.58 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
$130.00​, above​ its last closing price of $116.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.48        1.47       1.44      Missed  -2
 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.        1.24        1.21       1.12      Missed  -7.7
 30 2022                                                
 Jun. 30 2022  1.14        1.15       1.07      Missed  -6.5​
 Mar. 31 2022  1.40        1.39       2.10      Beat    50.9
 Dec. 31 2021  1.03        1.02       1.69      Beat    65
 This summary was machine generated January 19 at 13:55 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)