GATX Q1 2024 Adj EPS $2.01 Beats $1.76 Estimate, Sales $379.900M Beat $375.800M Estimate

4/23/24 8:32:05 AM ET

Transportation Services

Consumer Discretionary

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GATX (NYSE:GATX) reported quarterly Adj earnings of $2.01 per share which beat the analyst consensus estimate of $1.76 by 14.2 percent. The company reported quarterly sales of $379.900 million which beat the analyst consensus estimate of $375.800 million by 1.09 percent. This is a 12.10 percent increase over sales of $338.900 million the same period last year.

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Recent Analyst Ratings for
$GATX

Date	Price Target	Rating	Analyst
11/18/2024	$185.00	Buy	Goldman
1/24/2024	$122.00 → $136.00	Market Perform	TD Cowen
7/26/2023	$135.00 → $137.00	Outperform → Market Perform	TD Cowen
3/14/2023	$152.00	Buy	Sidoti
11/7/2022		Positive → Neutral	Susquehanna
2/2/2022	$130.00	Neutral → Buy	Sidoti
1/10/2022	$110.00 → $120.00	Overweight	Wells Fargo
10/20/2021	$103.00 → $110.00	Overweight	Wells Fargo

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$GATX
Financials

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GATX Corporation Receives Responsible Care® Excellence in Partnership Award
GATX Corporation (NYSE:GATX) was recently selected by the Chemistry Industry Association of Canada ("CIAC") to receive the 2023 Responsible Care® Excellence in Partnership Award. This award was presented to GATX at the annual CIAC board of directors' meeting on Oct. 22, 2024. The CIAC's Responsible Care Program has been in place for over 35 years, and is designed to bring chemical producers and their key suppliers together to demonstrate a common commitment to continuously improve the industry's safety, sustainability and overall performance. GATX is a Responsible Care Partner in both the CIAC and the American Chemistry Council (ACC) program in the United States. CIAC's president and chie
10/28/24 10:54:00 AM ET
$GATX
Transportation Services
Consumer Discretionary
GATX Corporation Announces Quarterly Dividend
The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.58 per common share, payable Dec. 31, 2024, to shareholders of record on Dec. 13, 2024. This quarterly dividend is unchanged from the prior quarter. COMPANY DESCRIPTION At GATX Corporation (NYSE:GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwide. Our mission is to provide innovative, unparalleled service that enables our customers to transport what matters safely and sustainably while championing the well-being of our employees and communities. Headquartered in Chic
10/25/24 10:28:00 AM ET
$GATX
Transportation Services
Consumer Discretionary
GATX Corporation Reports 2024 Third-Quarter Results
Demand for railcars across GATX's global fleets remains strong; Rail North America's fleet utilization remains above 99% Aircraft spare engine portfolio continues strong performance Investment volume was $504.5 million in the third quarter and totaled over $1.3 billion year to date Company updates 2024 full-year earnings guidance to $7.50 – 7.70 per diluted share GATX Corporation (NYSE:GATX) today reported 2024 third-quarter net income of $89.0 million, or $2.43 per diluted share, compared to net income of $52.5 million, or $1.44 per diluted share, in the third quarter of 2023. The 2024 third-quarter results include a net negative impact of $2.5 million, or $0.07 per diluted share,
10/22/24 8:30:00 AM ET
$GATX
Transportation Services
Consumer Discretionary

$GATX
Leadership Updates

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GATX Corporation Announces Appointment of Senior Vice President, International
GATX Corporation (NYSE:GATX), the leading global lessor of transportation assets, today announced that Christopher LaHurd has been appointed senior vice president, international, effective immediately. In this role, Mr. LaHurd will focus on developing and implementing strategic and operational initiatives that position GATX to fully capitalize on the attractive growth opportunities in the European rail market. "I am pleased to announce Chris' promotion," said Robert C. Lyons, president and chief executive officer of GATX Corporation. "Chris has a proven track record managing various aspects of our international businesses during his tenure at GATX. With his extensive knowledge of the Comp
8/15/24 8:30:00 AM ET
$GATX
Transportation Services
Consumer Discretionary
GATX Corporation Adds John Holmes to Board of Directors
GATX Corporation (NYSE:GATX) today announced the election of John M. Holmes to its board of directors. Mr. Holmes will also serve as a member of the board's Audit Committee. With the appointment of Mr. Holmes, the GATX board will now consist of 10 members, including nine independent directors. "We are pleased to welcome John to GATX's board of directors," said Robert C. Lyons, president and chief executive officer of GATX. "John is an outstanding business leader with deep international experience and a strong track record of performance. His insights will be an asset to GATX as we continue executing our global growth strategy." "John is an excellent addition to our group of independent
1/26/24 9:49:00 AM ET
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$GATX
Aerospace
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Transportation Services
Consumer Discretionary
GATX Corporation Appoints Three Senior Vice Presidents
GATX Corporation (NYSE:GATX), the leading global lessor of transportation assets, today announced three senior leadership promotions, effective immediately: Kevin J. Hillesland has been appointed Senior Vice President, Structured Finance, where he will continue to drive various strategic initiatives, including GATX's investment in aircraft spare engines. Since joining GATX in 1994, Mr. Hillesland has held leadership positions in corporate finance, portfolio investments and structured finance with increasing responsibility. He also serves as a board member of Rolls-Royce & Partners Finance, GATX's 50% owned aircraft spare engine leasing joint venture. In his most recent role as Vice Presid
8/15/23 9:00:00 AM ET
$GATX
Transportation Services
Consumer Discretionary

$GATX
Press Releases

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GATX Corporation Receives Responsible Care® Excellence in Partnership Award
GATX Corporation (NYSE:GATX) was recently selected by the Chemistry Industry Association of Canada ("CIAC") to receive the 2023 Responsible Care® Excellence in Partnership Award. This award was presented to GATX at the annual CIAC board of directors' meeting on Oct. 22, 2024. The CIAC's Responsible Care Program has been in place for over 35 years, and is designed to bring chemical producers and their key suppliers together to demonstrate a common commitment to continuously improve the industry's safety, sustainability and overall performance. GATX is a Responsible Care Partner in both the CIAC and the American Chemistry Council (ACC) program in the United States. CIAC's president and chie
10/28/24 10:54:00 AM ET
$GATX
Transportation Services
Consumer Discretionary
GATX Corporation Announces Quarterly Dividend
The board of directors of GATX Corporation (NYSE:GATX) today declared a quarterly dividend of $0.58 per common share, payable Dec. 31, 2024, to shareholders of record on Dec. 13, 2024. This quarterly dividend is unchanged from the prior quarter. COMPANY DESCRIPTION At GATX Corporation (NYSE:GATX), we empower our customers to propel the world forward. GATX leases transportation assets including railcars, aircraft spare engines and tank containers to customers worldwide. Our mission is to provide innovative, unparalleled service that enables our customers to transport what matters safely and sustainably while championing the well-being of our employees and communities. Headquartered in Chic
10/25/24 10:28:00 AM ET
$GATX
Transportation Services
Consumer Discretionary
GATX Corporation Reports 2024 Third-Quarter Results
Demand for railcars across GATX's global fleets remains strong; Rail North America's fleet utilization remains above 99% Aircraft spare engine portfolio continues strong performance Investment volume was $504.5 million in the third quarter and totaled over $1.3 billion year to date Company updates 2024 full-year earnings guidance to $7.50 – 7.70 per diluted share GATX Corporation (NYSE:GATX) today reported 2024 third-quarter net income of $89.0 million, or $2.43 per diluted share, compared to net income of $52.5 million, or $1.44 per diluted share, in the third quarter of 2023. The 2024 third-quarter results include a net negative impact of $2.5 million, or $0.07 per diluted share,
10/22/24 8:30:00 AM ET
$GATX
Transportation Services
Consumer Discretionary

GATX Q1 2024 Adj EPS $2.01 Beats $1.76 Estimate, Sales $379.900M Beat $375.800M Estimate

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Recent Analyst Ratings for $GATX

$GATX Financials

Live finance-specific insights

GATX Corporation Receives Responsible Care® Excellence in Partnership Award

GATX Corporation Announces Quarterly Dividend

GATX Corporation Reports 2024 Third-Quarter Results

$GATX Leadership Updates

Live Leadership Updates

GATX Corporation Announces Appointment of Senior Vice President, International

GATX Corporation Adds John Holmes to Board of Directors

GATX Corporation Appoints Three Senior Vice Presidents

$GATX Insider Trading

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$GATX Large Ownership Changes

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Director Yovovich Paul G was granted 150 shares, increasing direct ownership by 0.38% to 39,831 units (SEC Form 4)

Director Sutherland David was granted 526 shares, increasing direct ownership by 0.61% to 86,416 units (SEC Form 4)

Director Stanley Adam L. was granted 33 shares, increasing direct ownership by 0.44% to 7,556 units (SEC Form 4)

SEC Form SC 13G/A filed by GATX Corporation (Amendment)

SEC Form SC 13G/A filed by GATX Corporation (Amendment)

SEC Form SC 13G/A filed by GATX Corporation (Amendment)

$GATX Press Releases

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GATX Corporation Receives Responsible Care® Excellence in Partnership Award

GATX Corporation Announces Quarterly Dividend

GATX Corporation Reports 2024 Third-Quarter Results

$GATX Analyst Ratings

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Goldman initiated coverage on GATX with a new price target

TD Cowen reiterated coverage on GATX with a new price target

GATX downgraded by TD Cowen with a new price target

$GATX Market Insights

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$GATX Insider Purchases

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GATX shares are trading lower after the company reported mixed Q2 financial results.

GATX Q2 Adj $1.43 Misses $1.77 Estimate, Sales $386.70M Beat $385.45M Estimate

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SEC Form 10-Q filed by GATX Corporation

GATX Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

SEC Form 10-Q filed by GATX Corporation

Amendment: Large owner State Farm Mutual Automobile Insurance Co decreased direct ownership by 0.71% to 3,312,294 units (SEC Form 4)

Large owner State Farm Mutual Automobile Insurance Co decreased direct ownership by 0.42% to 3,298,454 units (SEC Form 4)

Large owner State Farm Mutual Automobile Insurance Co bought $1,200,728 worth of shares (8,984 units at $133.65), decreasing direct ownership by 0.71% to 3,312,294 units (SEC Form 4)

Recent Analyst Ratings for
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$GATX
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