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Stock impact report

GATX Surpasses Q4 Earnings Estimates, Misses on Revenues [Yahoo! Finance]

GATX Corporation (GATX) 
Last gatx corporation earnings: 1/23 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The bottom line improved 12.9% year over year. Revenues of $368.7 million missed the Zacks Consensus Estimate of $394.9 million but improved 14.3% year over year. Lease revenues of $323.6 million grew 10.1% year over year, while Marine operating revenues decreased 70.4% to $0.8 million. Revenues from other sources rose 27.3% to $31.2 million. Total expenses (on a reported basis) rose 16.2% to $270.9 million. GATX Corporation Price, Consensus and EPS Surprise GATX Corporation price-consensus-eps-surprise-chart | GATX Corporation Quote Profits in the Rail North American segment decreased to $66.7 million from $83.5 million a year ago. The renewal lease rate change of GATX's Lease Price Index (LPI) was 33.5% in the reported quarter compared with the year-ago quarter's 24.4%. The average lease renewal term for cars included in LPI was 65 months compared with 52 months a year ago. Rail North America's wholly-owned fleet consisted of approximately 110,500 rail cars at December 2 Show less Read more
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