Gatx Corp Reports Results For The Quarter Ended In June: Earnings Summary

GATX

21/07/2022 15:06

* GATX Corp  GATX.N  reported quarterly adjusted earnings of
$1.07​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
$1.15 per share.
    * Revenue fell 1.4% to $312.70 million from a year ago; 
analysts
expected $323.93 million. 
    * GATX Corp's reported EPS for the quarter was 7 cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * GATX Corp shares had risen by 4.7% this quarter and
lost 5.4% so
far this year.
    * The company reported quarterly net income of $37.4
million.
    * Wall Street's median 12-month price target for GATX Corp
is
$130.00 
    * 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." 

This summary was machine generated July 21 at 02:06 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.15           1.07           Missed
 Mar. 31 2022      1.39           2.10           Beat
 Dec. 31 2021      1.02           1.69           Beat
 Sep. 30 2021      1.07           1.11           Beat
 This summary was machine generated from Refinitiv data July 21
at 02:06 p.m