Reported about 7 hours ago
GATX (NYSE:GATX) reported better-than-expected results for Q4 CY2024, with sales rising 12.2% year on year to $413.5 million and GAAP earnings per share (EPS) reaching $2.10, surpassing forecasts by 24.6%. The company's operating margin improved to 29.6%, up from 26.5% a year prior. Despite a recent slowdown in revenue growth projections, GATX remains optimistic about its performance moving forward, resulting in a 3.4% increase in stock value post-announcement.
Source: YAHOO