GATX Corporation Reports 2018 Third-Quarter Results

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GATX Corp. (GATX) PT Lowered to $90 at Mizuho Securities

October 25, 2018 8:32 AM EDT

Mizuho Securities analyst Kristine Kubacki lowered the price target on GATX Corp. (NYSE: GATX) to $90.00 (from $95.00) while maintaining a Buy rating following the company's 3Q. Mizuho Securities cut FY19 EPS estimates down to $5.25 per share from $5.35 per share. Adjustments are on slightly higher... More

GATX Corp. (GATX) PT Lowered to $85 at Cowen

October 24, 2018 7:52 AM EDT

Cowen analyst Matt Elkott lowered the price target on GATX Corp. (NYSE: GATX) to $85.00 (from $87.00) while maintaining a Market Perform rating.

Elkott notes absolute lease rates increased sequentially across equipment types and were most pronounced on tank cars, up 20-25%.

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GATX Corp. (GATX) Tops Q3 EPS by 15c

October 23, 2018 8:32 AM EDT

GATX Corp. (NYSE: GATX) reported Q3 EPS of $1.22, $0.15 better than the analyst estimate of $1.07. Revenue for the quarter came in at $349.7 million versus the consensus estimate of $355.43 million.

GUIDANCE:

GATX Corp. sees FY2018 EPS of $4.90-$5.10, versus the consensus of... More