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Earnings Outlook for GATX

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GATX (NYSE:GATX) announces changed in its next round of earnings from Tuesday, January 26, 2021 to Thursday, January 28, 2021. Here is Benzinga's everything-that-matters guide for this Tuesday's Q4 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

GATX EPS will likely be near $0.88 while revenue will be around $301.53 million, according to analysts. GATX reported a per-share profit of $1.36 when it published results during the same quarter last year. Sales in that period totaled $356.70 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

View more earnings on GATX

The analyst consensus estimate would represent a 35.29% decline in the company's EPS figure. Sales would be down 15.47% from the year-ago period. In comparison to analyst estimates in the past, here is how the company's reported EPS stacks up:

EPS Estimate

0.92

0.94

1.22

1.04

EPS Actual

1.36

1.05

1.31

1.36

Revenue Estimate

293.50 M

331.40 M

310.30 M

359.20 M

Revenue Actual

304.40 M

300.50 M

308.90 M

356.70 M

Stock Performance

Shares of GATX were trading at $87.99 as of January 22. Over the last 52-week period, shares are up 11.07%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. GATX is scheduled to hold the call at 11:00:00 ET and can be accessed here.

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