GATX Corp is a global provider of railcar leasing and specialized transportation services, primarily focusing on tank cars and freight cars for the rail industry. The company also engages in the maintenance and repair of railcars, ensuring safety and efficiency in rail transportation. Beyond rail services, GATX is involved in the management of various industrial assets, including marine and power generation equipment, thereby offering tailored solutions to meet the needs of its diverse client base. With a commitment to sustainability and innovation, GATX aims to enhance the efficiency and effectiveness of transportation solutions across various sectors. Read More
Shares of leasing services company GATX (NYSE:GATX) jumped 10% in the afternoon session after it struck a $4.4 billion deal to buy about 105,000 railcars from Wells Fargo through a new joint venture with Brookfield Infrastructure Partners.
Wells Fargo to sell rail assets to joint venture for $4.4 billion, with GATX and Brookfield owning 30% and 70% respectively. Deal expected to close by Q1 2026.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
GATX Corporation (NYSE: GATX) announced today a definitive agreement to acquire approximately 105,000 railcars from Wells Fargo for $4.4 billion through a newly formed joint venture with Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) and its institutional partners (collectively, “Brookfield Infrastructure”). Initial joint venture equity ownership will be GATX (30%) and Brookfield Infrastructure (70%), with GATX having the option to acquire 100% of the joint venture equity over time.
NEW YORK, NY / ACCESS Newswire / May 20, 2025 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day May Micro-Cap Conference taking place Wednesday and Thursday, May 21-22, 2025. The presentation schedule is subject to change. Please visit www.sidoti.com/events for the most updated version and webinar links.
Leasing services company GATX (NYSE:GATX) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 11% year on year to $421.6 million. Its non-GAAP profit of $2.15 per share was 3% above analysts’ consensus estimates.
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The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.61 per common share, payable June 30, 2025, to shareholders of record on June 13, 2025. This quarterly dividend is unchanged from the prior quarter.
Leasing services company GATX (NYSE:GATX) announced better-than-expected revenue in Q1 CY2025, with sales up 11% year on year to $421.6 million. Its non-GAAP profit of $2.15 per share was 3% above analysts’ consensus estimates.
GATX Corporation (NYSE: GATX) today reported 2025 first-quarter net income of $78.6 million, or $2.15 per diluted share, compared to net income of $74.3 million, or $2.03 per diluted share, in the first quarter of 2024. The 2024 first-quarter results included a net positive impact of $0.6 million, or $0.02 per diluted share, from Tax Adjustments and Other Items. Details related to Tax Adjustments and Other Items are provided in the attached Supplemental Information.
GATX Corporation (NYSE: GATX) will report results for the 2025 first quarter prior to market open on April 23, 2025. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows:
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