CORRECTED-Railcar lessor GATX beats Q3 revenue estimates, reiterates FY earnings guidance

Overview

• GATX Q3 2025 revenue beats analyst expectations, adjusted EPS misses analyst expectations

• Net income for Q3 2025 decreased compared to Q3 2024

• Company reiterates 2025 full-year adjusted earnings guidance of $8.50–$8.90 per share

Outlook

• GATX reiterates 2025 full-year adjusted earnings guidance of $8.50–$8.90 per diluted share

• Company notes stable railcar demand in North America despite macroeconomic uncertainty

• GATX sees strong railcar demand in India

Result Drivers

• RAIL NORTH AMERICA - Stable demand and high fleet utilization at 98.9% contributed to results, despite macroeconomic uncertainties

• RAIL INTERNATIONAL - Macroeconomic headwinds in Europe tempered demand, but lease rates increased for most car types

• ENGINE LEASING - Strong demand for aircraft spare engines driven by robust global passenger air travel boosted segment performance

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the corporate financial services peer group is "buy"

• Wall Street's median 12-month price target for GATX Corp is $186.00, about 7% above its October 20 closing price of $172.97

• The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw6fS0Dka

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