GATX Corp. (GATX) Tops Q4 EPS by 10c, Revenues Beat

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GATX Corporation Reports 2018 Fourth-Quarter and Full-Year Results

January 22, 2019 8:30 AM EST

CHICAGO, Jan. 22, 2019 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE: GATX) today reported 2018 fourth quarter net income of $49.2 million or $1.30 per diluted share, compared to net income of $342.1 million or $8.83 per diluted share in the fourth quarter of 2017.  The fourth-quarter 2018 and 2017 results include impacts from Tax Adjustments and Other Items; 2018 includes a net positive impact of $0.46 per diluted share, and 2017 includes a net positive impact of $8.15 per diluted share.

Net income for the full-year 2018 was $211.3 million or $5.52 per diluted share, compared to $502.0 million or $12.75 per diluted share in the prior year.  The 2018 and 2017... More