GATX Corp. (GATX) Tops Q4 EPS by 11c; Guides In-Line

Go back to GATX Corp. (GATX) Tops Q4 EPS by 11c; Guides In-Line

GATX Corporation Reports 2016 Fourth-Quarter and Full-Year Results

January 19, 2017 8:30 AM EST

CHICAGO, Jan. 19, 2017 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE: GATX) today reported 2016 fourth quarter net income of $30.9 million or $0.77 per diluted share, compared to net income of $58.2 million or $1.37 per diluted share in the fourth quarter of 2015.  The fourth-quarter 2016 and fourth-quarter 2015 results include net negative impacts from Tax Adjustments and Other Items of $0.37 per diluted share and $0.07 per diluted share, respectively.

Net income for the full-year 2016 was $257.1 million or $6.29 per diluted share, compared to $205.3 million or $4.69 per diluted share in the prior year.  The 2016 full-year results include a net... More