Recap: GATX Q3 Earnings

Shares of GATX GATX rose 2.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 8.80% over the past year to $1.36, which beat the estimate of $0.92.

Revenue of $304,400,000 declined by 15.61% year over year, which beat the estimate of $293,500,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Oct 20, 2020

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/b3dyu7ke

Recent Stock Performance

Company's 52-week high was at $86.01

Company's 52-week low was at $50.69

Price action over last quarter: Up 11.39%

Company Description

GATX Corp is a provider of railcar leasing and maintenance services. GATX operates four business segments: rail North America, rail international, an American steamship company, and portfolio management. The rail business offers railcar leasing and maintenance, as well as asset-related, financial, and management services. The company owns and leases fleets in North America, Europe, and Asia, which consist of tank and freight railcars. Industries served include refining and petroleum, chemicals and plastics, railroads and other transportation, mining, and food and agriculture.