GATX (NYSE:GATX) issued an update on its FY20 earnings guidance on Thursday morning. The company provided EPS guidance of $5.50-5.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.25. GATX also updated its FY 2020
Pre-Market guidance to 5.50-5.80 EPS.
Shares of NYSE:GATX opened at $81.63 on Friday. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 2.87. The company has a fifty day simple moving average of $81.93 and a 200 day simple moving average of $78.63. The firm has a market cap of $2.89 billion, a PE ratio of 14.03, a price-to-earnings-growth ratio of 0.97 and a beta of 1.45. GATX has a 12-month low of $69.50 and a 12-month high of $86.01.
GATX (NYSE:GATX) last released its earnings results on Thursday, January 23rd. The transportation company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.32. GATX had a net margin of 15.15% and a return on equity of 11.06%. The firm had revenue of $356.70 million during the quarter, compared to analyst estimates of $359.20 million. During the same quarter in the previous year, the firm earned $0.84 earnings per share. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. As a group, equities research analysts forecast that GATX will post 5.65 EPS for the current fiscal year.
GATX Corporation leases, operates, manages, and remarkets assets in the rail and marine markets worldwide. The company operates through four segments: Rail North America, Rail International, Portfolio Management, and American Steamship Company (ASC). The Rail North America segment primarily leases railcars and locomotives.
Recommended Story: How are dividend achievers different from dividend aristocrats?
Receive News & Ratings for GATX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GATX and related companies with MarketBeat.com's FREE daily email newsletter.