GATX Surpasses Q1 Earnings Estimates, Reaffirms 2024 EPS View
DALDelta(DAL) Zacks Investment Research·2024-04-25 01:26

GATX Corporation’s (GATX) first-quarter 2024 earnings per share (EPS) of 2.01outpacedtheZacksConsensusEstimateof2.01 outpaced the Zacks Consensus Estimate of 1.72. However, the bottom line declined 8.6% year over year. Revenues of 379.9millionimproved12.1379.9 million improved 12.1% year over year. Lease revenues of 333.3 million grew 10.3% year over year. Revenues from other sources rose 15.5% to 33.4million.Totalexpenses(onareportedbasis)rose833.4 million. Total expenses (on a reported basis) rose 8% to 265.9 million. Profits in the Rail North America segment profit decreased to 90.3millionfrom90.3 million from 95.2 mill ...