GATX Q3 Profit Surges, But Misses Estimates

RTTNews | 680 dni temu
GATX Q3 Profit Surges, But Misses Estimates

(RTTNews) - GATX Corp. (GATX) reported Tuesday that net income for the third quarter surged to $52.5 million or $1.44 per share from $29.1 million or $0.81 per share in the prior-year quarter.

Total revenues for the quarter increased to $360.1 million from $321.0 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.47 per share on revenues of $344.02 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, based on year-to-date performance and the outlook for the remainder of the year, the company expects full-year earnings to modestly exceed the high end of the previously announced guidance range of $6.50 to $6.90 per share. The Street is looking for earnings of $6.98 per share for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
German Construction Sector Downturn Deepens

German Construction Sector Downturn Deepens

Germany's construction sector shrank further in August largely due to the steep fall in new orders, survey results from S&P Global showed on Thursday. The HCOB construction Purchasing Managers' Index fell to 46.0 in August from July's 29-month high of 46.3.
RTTNews | 6 minut temu
Australia Trade Surplus At 17-Month High; Household Spending Growth Rises

Australia Trade Surplus At 17-Month High; Household Spending Growth Rises

Australia's trade surplus surged to the highest level in more than a year in July and household spending growth accelerated for the third straight month in July, official data showed on Thursday. The trade surplus increased unexpectedly to A$7.3 billion in July from A$5.4 billion in June, the Australian Bureau of Statistics said.
RTTNews | 1g 5 minut temu
Sensex, Nifty Rally On GST Rejig

Sensex, Nifty Rally On GST Rejig

Indian shares opened on a buoyant note on Thursday after Finance Minister Nirmala Sitharaman announced significant GST rate cuts, effective September 22.
RTTNews | 3g 45 minut temu
Australian Market Extends Early Strong Gains In Mid-market

Australian Market Extends Early Strong Gains In Mid-market

The Australian market is extending its early strong gains in mid-market moves on Thursday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks.
RTTNews | 4g 41 minut temu
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, as traders remain optimistic that the US Fed will lower interest rates by at least a quarter point later this month after a report showed job openings in the U.S. fell to their lowest level in ten months in July. Asian markets closed mostly lower on Wednesday.
RTTNews | 5g 3 minut temu
Sensex, Nifty Seen Higher As Investors React To GST Meeting Outcome

Sensex, Nifty Seen Higher As Investors React To GST Meeting Outcome

Indian shares look set to open higher on Thursday after the Goods and Services Tax (GST) Council approved a new dual-slab structure of 5 percent and 18 percent, and scrapped the existing 12 percent and 28 percent rates, in a landmark move aimed at simplifying India's indirect tax regime.
RTTNews | 5g 46 minut temu