GATX Corp. (GATX) Tops Q2 EPS by 26c; Raises Outlook

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GATX Corporation Reports 2016 Second-Quarter Results

July 21, 2016 8:30 AM EDT

CHICAGO, July 21, 2016 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE: GATX) today reported 2016 second quarter net income of $61.2 million or $1.49 per diluted share, compared to net income of $45.4 million or $1.03 per diluted share in the second quarter of 2015. Net income for the first six months of 2016 was $130.5 million or $3.15 per diluted share, compared to $107.6 million or $2.42 per diluted share in the prior year period. The 2016 results include a second quarter net gain of approximately $0.2 million, with no effect on per diluted share income, and a year-to-date net gain of approximately $1.7 million, or $0.04 per... More