GATX CORP (GATX) reported a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $76.5 million, or $2.10 per share. This compares with $66 million, or $1.81 per share, last year.
Excluding items, GATX CORP reported adjusted earnings of $70.5 million or $1.93 per share for the period.
Analysts on average had expected the company to earn $1.71 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 12.2% to $413.5 million from $368.7 million last year.
GATX CORP earnings at a glance (GAAP) :
-Earnings: $76.5 Mln. vs. $66 Mln. last year.
-EPS: $2.10 vs. $1.81 last year.
-Revenue: $413.5 Mln vs. $368.7 Mln last year.
Looking ahead, for the full-year 2025, the company expects earnings of $8.30 to $8.70 per share, in line with analysts’ forecast of $8.35 per share.
GATX was up by 3.39 percent at $159.72 in the pre-market trade on the New York Stock Exchange.
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