financetom
Business
financetom
/
Business
/
GATX's Q3 Non-GAAP Earnings, Revenue Climb; 2024 Earnings Guidance Updated
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
GATX's Q3 Non-GAAP Earnings, Revenue Climb; 2024 Earnings Guidance Updated
Oct 22, 2024 12:15 PM

08:59 AM EDT, 10/22/2024 (MT Newswires) -- GATX ( GATX ) reported Q3 non-GAAP earnings Tuesday of $2.50 per diluted share, up from $1.44 a year earlier.

Two analysts polled by Capital IQ expected $1.96.

Revenue for the quarter ended Sept. 30 was $405.4 million, compared with $360.1 million a year earlier.

Two analysts surveyed by Capital IQ expected $391.7 million.

The company raised the lower end of its 2024 earnings guidance and now expects a range of $7.50 to 7.70 per diluted share from $7.30 to $7.70 previously. Two analysts surveyed by Capital IQ expect $7.37.

Price: 133.56, Change: +2.53, Percent Change: +1.93

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
UniCredit to seek ECB approval to potentially buy up to 30% of Commerzbank, sources say
UniCredit to seek ECB approval to potentially buy up to 30% of Commerzbank, sources say
Sep 17, 2024
MILAN (Reuters) - UniCredit will seek ECB clearance to potentially buy up to 30% of Commerzbank, three people close to the matter said, in order to have the flexibility the Italian bank's CEO Andrea Orcel said he needs to plan his next move. UniCredit emerged as the biggest private investor in Commerzbank after it outbid rivals in a tender to...
Judge rules for ARC Global in breach of contract claim against Trump Media
Judge rules for ARC Global in breach of contract claim against Trump Media
Sep 17, 2024
WILMINGTON, Delaware, Sept 17 (Reuters) - A Delaware judge ruled for Patrick Orlando's ARC Global on a breach of contract claim over its stake in Trump Media & Technology Group ( DJT ) , although the judge rejected ARC's breach of fiduciary claim, according to an opinion published on Tuesday. ...
P10 Agrees to Buy Qualitas Funds in $63 Million Cash, Stock Deal
P10 Agrees to Buy Qualitas Funds in $63 Million Cash, Stock Deal
Sep 17, 2024
08:49 AM EDT, 09/17/2024 (MT Newswires) -- P10 (PX) said Tuesday it has agreed to buy Spain-based private equity firm Qualitas Equity Funds in a cash and stock deal for an initial purchase price of $63 million, with the potential for up to $35 million in additional earnout payments. The company said the earnout will be based on new funds...
Sector Update: Consumer
Sector Update: Consumer
Sep 17, 2024
08:49 AM EDT, 09/17/2024 (MT Newswires) -- Consumer stocks were flat to higher premarket Tuesday with the Consumer Staples Select Sector SPDR Fund (XLP) unchanged and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.5% recently. Tupperware Brands ( TUP ) may file for bankruptcy as soon as this week, Bloomberg reported, citing people with knowledge of the plans....
Copyright 2023-2026 - www.financetom.com All Rights Reserved