GATX

GATX Corp. engages in leasing and owning railcar and fleets in North America, Europe and Asia. It operates through the following segments: Rail North America, Rail International and Portfolio Management. The Rail North America segment provides railcars pursuant to full-service leases under which it maintains the railcars and provides other ancillary services. The Rail International segment consists of operations in Europe. The Portfolio Management segment is composed of ownership in a group of joint ventures with Rolls-Royce plc that lease aircraft spare engines, as well as five liquefied gas-carrying vessels, the Norgas Vessels. The company was founded in 1898 and is headquartered in Chicago, IL.

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GATX reports mixed Q4 earnings, eyes growth in 2023

GATX's Q4 2022 earnings showed a decrease from the previous year, but full-year earnings grew. The company remains cautious about the macroeconomic environment but is confident in its position. Challenges in Rail International were offset by strengths in Rail North America and Portfolio Management. Opportunities for growth include expanding the aircraft engines portfolio and increasing segment profits.

GATX reports robust Q1 earnings, optimistic about full-year outlook

GATX's Q1 performance showcased strong earnings and operational metrics, with a positive outlook for full-year earnings. Analyst inquiries focused on lease rates, maintenance expenses, and growth strategies. The company remains optimistic about market opportunities and potential for continued performance.

GATX reports strong Q2 earnings, poised to exceed full-year guidance

GATX's Q2 2023 earnings reflect robust financial performance and growth compared to the previous year.
The company's strengths lie in solid portfolio management results and strong lease rates amidst tight supply.
Challenges include elevated maintenance expenses impacting profitability, but opportunities for growth are evident.
Overall, GATX's performance indicates a positive outlook for exceeding full-year earnings guidance.

GATX surpasses earnings expectations, navigates sector challenges with strategic agility

GATX delivered strong financial performance in Q3 2023, with notable increases in net income and earnings per share, driven by successful portfolio management and operational efficiency.
While facing challenges in the intermodal sector and potential macroeconomic headwinds, the company showcased resilience and strategic foresight to exceed full-year earnings guidance.
Analysts' inquiries highlighted a focus on key operational metrics and financial indicators, emphasizing the importance of prudent cost management and risk mitigation strategies.

GATX posts record earnings in 2023, eyes growth opportunities

GATX delivered strong financial performance in Q4 2023 and full year 2023, driven by record investment volume and solid lease revenue growth.
The company's strategic focus on portfolio management and disciplined investments positions it well for continued success in 2024.
Challenges include managing maintenance costs, balancing portfolio sales with new investments, and navigating market dynamics for growth.
Opportunities lie in leveraging high demand for existing assets, pursuing profit growth in key segments, and optimizing debt leverage for financial efficiency.

GATX reports steady Q1 performance with growth opportunities ahead

GATX's Q1 2024 performance was solid, with a focus on fleet utilization, lease rate increases, and asset remarketing.
While facing challenges in net income and fleet management, the company has opportunities for growth in secondary markets and international air travel.
Overall, GATX's strategic positioning in rail and engine leasing sectors sets a positive trajectory for future performance and revenue generation.

GATX reports lower Q2 earnings but sees growth opportunities ahead

GATX's Q2 2024 performance reflected a decrease in net income but showcased strong operational metrics in its rail segments.
While facing challenges in year-to-date profitability, the company's disciplined approach and strategic investments position it well for future growth.
Opportunities lie in expanding market presence, leveraging supply agreements, and maintaining a focus on efficient asset management.
Overall, GATX's performance, strengths, and opportunities indicate a resilient business model with potential for sustained growth.

GATX reports robust Q3 earnings, eyes international growth opportunities

GATX's strong financial performance in Q3 2024 reflects operational excellence and strategic decision-making.
The company's focus on fleet utilization, remarketing income, and international profitability positions it well for future growth.
Challenges related to tax impacts and market sustainability require proactive management and strategic planning.
Opportunities in robust market demand and international expansion offer avenues for continued success and profitability.

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GATX Corp. engages in leasing and owning railcars and fleets in North America, Europe and Asia. It operates through the following segments: Rail North America, Rail International, and Portfolio Management. The Rail North America segment provides railcars pursuant to full-service leases under which it maintains the railcars and provides other ancillary services. The Rail International segment consists of operations in Europe. The Portfolio Management segment is composed of ownership in a group of joint ventures with Rolls-Royce plc that lease aircraft spare engines, as well as five liquefied gas-carrying vessels, the Norgas Vessels. The company was founded in 1898 and is headquartered in Chicago, IL.

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Gatx (GATX) reported earnings 30 days ago. What's next for the stock?

Why Is Gatx (GATX) Down 7% Since Last Earnings Report?

CHICAGO--(BUSINESS WIRE)--Paul F. Titterton, executive vice president and president, Rail North America, GATX Corporation (NYSE:GATX), will participate in a fireside chat at the 2022 Wells Fargo Industrials Conference on Wednesday, May 4, 2022, at 10:40 a.m. ET. To listen to a live webcast of the event, please access the appropriate link at www.gatx.com at least 15 minutes prior to the start time. The webcast will be archived for 90 days. COMPANY DESCRIPTION At GATX Corporation (NYSE:GATX), we

GATX Corporation to Participate in 2022 Wells Fargo Industrials Conference

Gatx (GATX) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Gatx (GATX) Loses 14.8% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Fleet utilization was high at GATX's Rail North America segment in Q1.

GATX Stock Down 6.3% Since Q1 Earnings Release: Here's Why

The conflict between Ukraine and Russia isn't likely to affect the North American business of railcar lessor GATX, although the company's European arm is seeing some operational impact, executives said during GATX's first-quarter earnings call on Wednesday. While GATX's profit from its international segment is unlikely to be affected, the company is exposed operationally.

Rising steel costs, Ukraine conflict shape GATX's view of 2022

GATX Corporation (NYSE:GATX ) Q1 2022 Earnings Conference Call April 20, 2022 11:00 AM ET Company Participants Brian Kenney – President and Chief Executive Officer Robert Lyons – Executive Vice President and President, Rail North America Shari Hellerman – Director, Investor Relations Thomas Ellman – Executive Vice President and Chief Financial Officer Conference Call Participants Justin Long – Stephens Inc Bascome Majors – Susquehanna Matt Elkott – Cowen and Company Allison Poliniak – Wells Fargo Marla Backer – Sidoti Justin Bergner – Gabelli Funds Operator Good day, ladies, and gentlemen, and welcome to the GATX 2022 First Quarter Conference Call. Today's conference is being recorded.

GATX Corporation (GATX) CEO Brian Kenney on Q1 2022 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today reported 2022 first-quarter net income of $75.8 million, or $2.10 per diluted share, compared to net income of $36.5 million, or $1.02 per diluted share, in the first quarter of 2021. The 2022 first-quarter results included a net negative impact of $11.5 million, or $0.32 per diluted share, attributed to a net impairment charge for aircraft spare engines in Russia at the Rolls-Royce and Partners Finance affiliates and a net positive i

GATX Corporation Reports 2022 First-Quarter Results

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Q1 rail earnings preview: Service metrics, headcount, macro uncertainties

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) will report results for the 2022 first quarter prior to market open on April 20, 2022. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows: Live Teleconference Date:   April 20, 2022 Time:   11 a.m. (Eastern Time) Domestic Dial-In:   1-800-289-0720 International Dial-In:   1-323-701-0160 Live Webcast:   www.gatx.com To participate by phone,

GATX Corporation Sets Date for 2022 First Quarter Earnings Release and Conference Call

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Gatx (GATX) Is a Great Choice for "Trend" Investors, Here's Why

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Improvement in the North American railcar leasing market bodes well for GATX. The company's measures to reward its shareholders are encouraging.

Here's Why You Should Add the GATX Stock to Your Portfolio

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Gatx (GATX) is on the Move, Here's Why the Trend Could be Sustainable

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GATX and CSX recently promoted two longtime employees, Paul F. Titterton and Sean R.

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North American Q4 freight railcar orders up sharply amid improving market

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) announced that Paul F. Titterton will be the next president of Rail North America, effective April 22, 2022. Mr. Titterton will succeed Robert C. Lyons, who as previously announced will assume the role of chief executive officer of GATX Corporation, effective the same date. Mr. Titterton, currently senior vice president and chief operating officer of Rail North America, will also be appointed an executive vice president of GATX Corporation

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