GATX Corporation Reports 2016 Third-Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Wall Street sinks as bond yields rise, Walmart results disappoint
GATX Corp. (GATX) Tops Q3 EPS by 18c
October 20, 2016 8:34 AM EDTGATX Corp. (NYSE: GATX) reported Q3 EPS of $1.50, ex-items, $0.18 better than the analyst estimate of $1.32. Revenue for the quarter came in at $362.9 million versus the consensus estimate of $369.38 million.
Brian A. Kenney, president and chief executive officer at GATX stated, Market dynamics in the North American rail industry are similar to recent quarters. A growing oversupply of railcars, fewer railcar loadings, and improved railroad velocity continue to present significant challenges. Railcar lessors are aggressively attempting to place new deliveries and their... More
