GATX Corp. (GATX) Tops Q3 EPS by 28c; Sees FY17 at High-End or Above Range

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GATX Corporation Reports 2017 Third-Quarter Results

October 19, 2017 8:30 AM EDT

CHICAGO, Oct. 19, 2017 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE: GATX) today reported 2017 third quarter net income of $49.0 million or $1.25 per diluted share, compared to net income of $95.7 million or $2.36 per diluted share in the third quarter of 2016. Year-to-date 2017 net income was $159.9 million or $4.04 per diluted share, compared to $226.2 million or $5.49 per diluted share in the prior year period.

2017 year-to-date results include a net after-tax gain from the exit of Portfolio Managements marine investments and other items of $1.1 million ($0.03 per diluted share) recorded in the second quarter of 2017. The 2016 third quarter and year-to-date... More