GATX Corp. (GATX) Q1 Revenue Tops Views

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GATX Corporation Reports 2018 First-Quarter Results

April 19, 2018 8:30 AM EDT

CHICAGO, April 19, 2018 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE: GATX) today reported 2018 first quarter net income of $76.3 million or $1.98 per diluted share, compared to net income of $57.5 million or $1.44 per diluted share in the first quarter of 2017.

Brian A. Kenney, president and chief executive officer of GATX, stated, The condition of the North American railcar leasing market in the first quarter was consistent with our expectations entering the year.  Rail industry carload data and operating metrics showed mixed performance relative to 2017, and 2018 improvement in the railcar leasing market remains uncertain due to... More