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.

Earnings data Q1 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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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Recent Price Trend in Gatx (GATX) is Your Friend, Here's Why

GATX Corp (GATX) announces a 4% hike in its quarterly dividend payout to 52 cents per share.

GATX Corp (GATX) Cheers Investors With 4% Dividend Hike

GATX's Q4 results benefit from rise in lease revenues. The company expects recovery in the North American railcar leasing market to continue in 2022.

GATX's Q4 Earnings Beat Mark, Surge Y/Y on Higher Revenues

GATX Corporation's (GATX) CEO Brian Kenney on Q4 2021 Results - Earnings Call Transcript

GATX Corp (NYSE: GATX) reported fourth-quarter revenue growth of 5.3% year-over-year to $321 million, beating the consensus of $318.72 million. Adjusted EPS of $1.58 beat the consensus of $1.02.

GATX Shares Surge On Q4 Beat, Solid FY22 Outlook

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today reported 2021 fourth-quarter and full-year results. Results for the fourth quarter and full year ending Dec. 31 are summarized below:   Three Months Ended December 31   Twelve Months Ended December 31 Per Diluted Share 2021   2020   2021   2020 Income from Continuing Operations $ 1.69   $ 0.50   $ 3.98   $ 4.24 Income from Discontinued Operations   —     —     —     0.03 Total $ 1.69   $ 0.50   $ 3.98   $ 4.27 2021 fourth-quarter net

GATX Corporation Reports 2021 Fourth-Quarter and Full-Year Results

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Wells Fargo analyst Allison Poliniak-Cusic raised price targets for several transportation companies. The analyst raised GATX Corp's (NYSE:GATX) price target to $120 (an upside of 18%) from $110 and maintained an Overweight rating on the shares.

Wells Fargo Bumps Up Price Targets For Several Transportation Companies

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) will report results for the 2021 fourth quarter prior to market open on Jan. 25, 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:     Jan. 25, 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

GATX Corporation Sets Date for 2021 Fourth Quarter Earnings Release and Conference Call

GATX's sound liquidity position looks encouraging. However, low profitability in the Portfolio Management unit is a concern.

Strong Balance Sheet Boosts GATX, Higher Expenses Trouble

Robert C. Lyons will succeed Brian A. Kenney as the new CEO of GATX Corp (GATX).

GATX Selects Lyons as New CEO, Incumbent to Retire in '22

GATX Corporation (NYSE: GATX) appoints Robert C. Lyons, currently executive vice president and president, Rail North America, as the next chief executive officer, effective April 22, 2022.

GATX Names Robert C. Lyons To Succeed Brian A.

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today announced Brian A. Kenney will retire as president and CEO, effective April 22, 2022. Mr. Kenney will continue to serve on GATX's board of directors as non-executive chairman until October 31, 2022 to ensure a seamless transition. As part of a long-term succession planning process, the GATX board of directors has appointed Robert C. Lyons, GATX's current executive vice president and president, Rail North America, as the Company's next

GATX Corporation Announces CEO Leadership Transition Process

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today announced that Brian A. Kenney, president and chief executive officer, will present at Baird's 2021 Global Industrial Conference on Thursday, Nov. 11, 2021. The presentation will include an overview of GATX's operations. GATX's presentation will begin at 2 p.m. Eastern Time. To listen to a live webcast of the presentation, please access the appropriate link at www.gatx.com at least 15 minutes prior to the start time. The webcast will

GATX Corporation to Present at Baird's 2021 Global Industrial Conference

Trinity Industries

Railcar lessors Trinity Industries and GATX recenyl reported their third-quarter 2021 financial results: Trinity eyes ‘stronger underlying leasing dynamics' Although higher railcar loadings and increased levels of rail traffic are boosting demand for leasing railcars, Trinity Industries expects market growth for railcar leasing to be choppy as supply chain disruptions continue to be a headwind. “We believe stronger underlying leasing dynamics and higher car pricing should continue to positively impact our results.

Trinity Industries, GATX anticipate market growth to be ‘nonlinear'

GATX's Q3 results benefit from strong performances of Rail North America and Rail International segments, partly offset by weakness at the Portfolio Management unit.

GATX Q3 Earnings Surpass Estimates, Revenues Increase Y/Y

GATX Corporation's (GATX) CEO Brian Kenney on Q3 2021 Results - Earnings Call Transcript

GATX (NYSE:GATX) reported its Q3 earnings results on Thursday, October 21, 2021 at 08:30 AM. Here's what investors need to know about the announcement.

Recap: GATX Q3 Earnings

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today reported 2021 third-quarter results. Results for the third quarter and nine months ended September 30, 2021 are summarized below:   Three Months Ended September 30   Nine Months Ended September 30 Per Diluted Share 2021   2020     2021   2020 Income from Continuing Operations $ 1.11     $ 1.36       $ 2.28     $ 3.74   Income from Discontinued Operations —     (0.01 )     —     0.03   Total $ 1.11     $ 1.35       $ 2.28     $ 3.77

GATX Corporation Reports 2021 Third-Quarter Results

Wells Fargo analyst Allison Poliniak-Cusic raised the GATX Corp (NYSE:GATX) price target to $110 (implying an upside of 12%) from $103 ahead of quarterly results and given the confidence in the improving lease rate environment and components and digital. The analyst maintained an Overweight rating on the shares.

Wells Fargo Bumps Up GATX Price Target By ~6%

GATX (NYSE:GATX) is set to give its latest quarterly earnings report on Thursday, 2021-10-21. Here's what investors need to know before the announcement.

Earnings Outlook For GATX

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) will report results for the 2021 third quarter prior to market open on Oct. 21, 2021. 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: Oct. 21, 2021 Time: 11 a.m. (Eastern Time) Domestic Dial-In: 1-800-367-2403 International Dial-In: 1-334-777-6978 Live Webcast: www.gatx.com To participate by phone, please dial

GATX Corporation Sets Date for 2021 Third Quarter Earnings Release and Conference Call

GATX's efforts to reward its shareholders and sound liquidity position are very encouraging.

Key Reasons Why GATX Stock Should Grace Your Portfolio Now

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CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today announced that Robert C. Lyons, executive vice president and president, Rail North America, will present at the Cowen Annual Global Transportation and Sustainable Mobility Virtual Conference on Wednesday, Sept. 8, 2021. The presentation will include an overview of GATX's operations. GATX's presentation will begin at 10 a.m. Eastern Time. To listen to a live webcast of the presentation, please access the appropriate link at www.gatx.co

GATX Corporation to Present at the Cowen Annual Global Transportation and Sustainable Mobility Conference

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

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