GATX

GATX will present results for the quarter ended 30.09.2026 at the quarter-end financial conference on 29.10.2026. Four analysts estimate average EPS of USD 2.46 (prior year 2.25 USD) and revenue of USD 592.7m (+34.9% versus 439.3m USD). For the current fiscal year analysts on average expect EPS of 10.23 USD and revenue of 2.35bn USD, versus 9.12 USD and 1.74bn USD in the prior year. » Mere på finanzen.net

GATX amended its ongoing five-year credit arrangement, extending the termination date to May 2031 and reducing margins on ABR- and SOFR-based borrowings as well as the facility fee to lower recurring financing costs and increase financial flexibility. The changes reset margin grids and decrease the facility fee, improving borrowing economics tied to the company’s credit rating. Susquehanna raised its price target to $218 and maintained a Positive rating following first-quarter results. GATX operates in railcar, tank container and locomotive leasing and provides related maintenance services. » Mere på finance.yahoo.com

GATX said Q1 performance was led by steady Rail North America demand and a 22.3% Lease Price Index increase on renewals, with the Wells Fargo fleet integration ahead of schedule and ~300 new customer accounts added. The company realized $50 million of asset disposition gains in the quarter and expects roughly $200 million of disposition gains for 2026, including $70 million from the joint venture. Full‑year EPS guidance is unchanged, with the Wells Fargo JV expected to contribute $0.20–0.30 and maintenance expense forecast at about $500 million. North American utilization was 98.1% after the acquisition, and management reaffirmed engine leasing and LPI guidance while highlighting timing variability in remarketing income. » Mere på finance.yahoo.com