Gatx Earnings: What Investors Should Watch
Gatx (NYSE:GMT) will report earnings before markets open on Thursday, July 18th. 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 $0.85 per share on revenues of $342.76 million. Currently, the company’s P/E ratio stands at 16.41.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.89 to a profit $0.92. For the current year, the average estimate is a profit of $3.19, which is worse than the estimate ninety days ago.
Here’s how Gatx has been performing on an annual basis:
|Revenue ($) in millions||1,443||1,154||1,205||1,309||1,243|
|Diluted EPS ($)||3.89||1.70||1.72||2.35||2.88|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||343.00||362.50||331.70||272.30|
|Diluted EPS ($)||0.49||1.13||0.62||0.57|
Gatx has beat analyst estimates 3 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)