Thursday, April 24, 2014

GATX EPS beats Wall Street consensus estimate

Written by  William C. Vantuono, Editor-in-Chief
GATX EPS beats Wall Street consensus estimate GATX
GATX Corp. on Thursday, April 24, 2014, reported $0.82 earnings per share (EPS) for first-quarter 2014, beating Wall Street’s consensus estimate of $0.76 by $0.06.

GATX had revenue of $286.60 million for the quarter, compared to the consensus estimate of $294.30 million. During the same quarter in the previous year, the company posted $0.60 EPS. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. GATX Corp. updated its FY2014 guidance to $4.15-4.35 EPS.

Shares of GATX Corp. (NYSE:GMT) opened at $67.63 on Thursday. GATX Corp. has a one-year low of $43.88 and a one-year high of $69.87. The stock has a 50-day moving average of $66.50 and a 200-day moving average of $56.68. The company has a market cap of $3.1 billion and a price-to-earnings ratio of 18.84.