GATX Corp. (GATX) Tops Q3 EPS by 15c

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GATX Corporation Reports 2018 Third-Quarter Results

October 23, 2018 8:30 AM EDT

CHICAGO, Oct. 23, 2018 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE: GATX) today reported 2018 third quarter net income of $47.0 million or $1.22 per diluted share, compared to net income of $49.0 million or $1.25 per diluted share in the third quarter of 2017. Year-to-date 2018 net income was $162.1 million or $4.21 per diluted share, compared to $159.9 million or $4.04 per diluted share in the prior year period.

2018 year-to-date results include a net negative impact of $5.8 million or $0.15 per diluted share, attributed to costs associated with the closure of a railcar maintenance facility in Germany in the second quarter.  The 2017 year-to-date results... More