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Earnings Preview for GATX

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On Thursday, January 28, GATX (NYSE:GATX) will release its latest earnings report. Benzinga's outlook for GATX is included in the following report.

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

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Sell-side analysts expect GATX's EPS to be near $0.88 on sales of $301.53 million. In the same quarter last year, GATX reported earnings per share of $1.36 on revenue of $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

If the company were to post earnings in line with the consensus estimate when it reports Thursday, EPS would be down 35.29%. Revenue would be down 15.47% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

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 $88.89 as of January 26. Over the last 52-week period, shares are up 11.89%. 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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