- GATX’s revenue for the first quarter stands at $421.6 million, an increase of 11% compared to the previous year.
- The company’s revenue surpassed analyst estimates, which were $417 million.
- GATX reported earnings per share (EPS) of $2.15, up from $2.03 in the previous year.
- Lease revenue reached $359.6 million, marking a 7.9% increase year-over-year.
- Analyst recommendations for GATX are composed of 1 buy rating, 2 hold ratings, and no sell ratings.
A look at GATX Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, GATX Corp is positioned for positive long-term growth and stability. With a solid score of 4 for Growth and Momentum, the company shows promising potential for expansion and upward movement in the market. Additionally, GATX Corp‘s scores of 3 in Value, Dividend, and Resilience indicate a balanced approach to financial health and stability. The company’s core focus on leasing, operating, and managing assets in the rail and marine markets further solidifies its position as a key player in these industries.
GATX Corp‘s diverse portfolio and global presence in North America, Europe, and India position it well for continued success. By efficiently leasing tank and freight cars, as well as locomotives, the company taps into essential transportation markets. Moreover, its active management of leased assets for third parties showcases a robust and sustainable business model. Overall, GATX Corp‘s Smart Scores reflect a company with a strong foundation and promising outlook for the future.
### GATX Corporation leases, operates, manages, and remarkets long-lived, widely used assets, primarily in the rail and marine markets. The Company leases tank and freight cars and locomotives in North America, Europe, and India. GATX also actively manages transportation and other leased assets on behalf of third parties. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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