Railcar leasing firm GATX Q1 revenue misses estimates

GATX

07/05/2026 13:45

Overview

US railcar and engine lessor's Q1 revenue missed analyst expectations

GAAP diluted EPS for Q1 rose to $2.35 from $2.15 a year earlier

Company reiterated 2026 full-year earnings guidance

Outlook

GATX reiterates 2026 full-year earnings guidance of $9.50–$10.10 per diluted share

Result Drivers

HIGHER LEASE REVENUE AND ASSET GAINS - Rail North America profit rose due to increased lease revenue and higher gains on asset dispositions

STRONG FLEET UTILIZATION - Rail North America fleet utilization remained high at 98.1% following the Wells Fargo portfolio acquisition

INTERNATIONAL GROWTH - Rail International profit increased due to more railcars on lease, higher lease rates, and changes in foreign currency exchange rates

Company press release: ID:nBw8zKlrBa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$583.70 mln
$599.76 mln (4 Analysts)
Q1 EPS
$2.35


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for GATX Corp is $212.33, about 6.4% above its May 6 closing price of $199.55

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)