GATX Corp. (GMT) Tops Q4 EPS by 5c; Issues Strong FY16 EPS Outlook

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GATX Corporation Reports 2015 Fourth-Quarter and Full-Year Results

January 21, 2016 8:30 AM EST

CHICAGO--(BUSINESS WIRE)-- GATX Corporation (NYSE: GMT) today reported 2015 fourth quarter net income of $58.2 million or $1.37 per diluted share, compared to net income of $58.5 million or $1.30 per diluted share in the fourth quarter of 2014. Net income for the full-year 2015 was $205.3 million or $4.69 per diluted share, compared to $205.0 million or $4.48 per diluted share in the prior year. The 2015 results include net negative impacts from the exit of Portfolio Managements marine investments and other items of $3.0 million, or $0.07 per diluted share for the fourth quarter and $29.6 million, or $0.68 per diluted share for the full... More