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

GATX

24/10/2023 15:07

* GATX Corp  GATX.N  reported quarterly adjusted earnings of
$1.44​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for earnings of
$1.47 per share.
    * Revenue rose 12.2% to $360.10 million from a year ago;
analysts
expected $344.02 million. 
    * GATX Corp's reported EPS for the quarter was $1.44​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * GATX Corp shares had fallen by 3.0% this quarter and
lost 0.8%
so far this year.
    * The company reported quarterly net income of $52.5
million.
    * Wall Street's median 12-month price target for GATX Corp
is
$137.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 24 at 02:07 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.47           1.44           Missed
 Jun. 30 2023      1.66           1.73           Beat
 Mar. 31 2023      1.71           2.20           Beat
 Dec. 31 2022      1.44           1.54           Beat