Gatx Earnings Preview: Can This Streak Continue?
Gatx (NYSE:GMT) will report earnings before markets open on Thursday, April 25th. GATX Corporation is a specialized finance and leasing company focusing on the rail, marine and other targeted assets. The Company is a full service lessor of rail, tank and freight cars. GATX also manages transportation and other leased assets on behalf of third parties.
Here is your Cheat Sheet to Gatx Earnings:
Earnings Expectations: Analysts expect earnings of $0.70 per share on revenues of $268.33 million. Currently, the company’s P/E ratio stands at 17.32.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.86 to a profit $0.85. For the current year, the average estimate is a profit of $3.21, which is worse than the estimate ninety days ago.
Here’s how Gatx has been performing on an annual basis:
|Revenue ($) in millions||1,443||1,154||1,114||1,191||1,243|
|Diluted EPS ($)||3.88||1.70||1.72||2.35||2.88|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||240.00||290.00||341.70||362.50||249.00|
|Diluted EPS ($)||0.67||0.64||0.49||1.13||0.62|
Gatx has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)