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GATX Q3 2023 Earnings Report

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$154.52 -2.28 (-1.45%)
(As of 12/20/2024 05:16 PM ET)

GATX EPS Results

Actual EPS
$1.44
Consensus EPS
$1.53
Beat/Miss
Missed by -$0.09
One Year Ago EPS
N/A

GATX Revenue Results

Actual Revenue
$360.10 million
Expected Revenue
$374.38 million
Beat/Miss
Missed by -$14.28 million
YoY Revenue Growth
N/A

GATX Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Conference Call Audio

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GATX Earnings Headlines

GATX downgraded to Neutral from Buy at Sidoti
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GATX initiated with a Buy at Goldman Sachs
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About GATX

GATX (NYSE:GATX), together its subsidiaries, operates as railcar leasing company in the United States, Canada, Mexico, Europe, and India. It operates through three segments: Rail North America, Rail International, and Portfolio Management. The company leases tank and freight railcars, and locomotives for petroleum, chemical, food/agriculture, and transportation industries. It also offers maintenance services, including the interior cleaning of railcars, routine maintenance and repair of car body and safety appliances, regulatory compliance works, wheelset replacements, interior blast and lining, exterior blast and painting, and car stenciling services. In addition, the company manufactures commercial aircraft jet engines and leases aircraft spare engines; and owns and manages tank containers that are leased to chemical, industrial gas, energy, food, cryogenic and pharmaceutical industries, and tank container operators, as well as provides tank container sourcing, remarketing, and inspection and maintenance services. As of December 31, 2023, it owned and operated a fleet of approximately 148,500 railcars; 493 four-axle and 30 six-axle locomotives; 399 aircraft spare engines; and 23,931 tank containers. GATX Corporation was founded in 1898 and is headquartered in Chicago, Illinois.

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