GATX Corp. (GATX) Misses Q1 EPS by 5c

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GATX Corporation Reports 2019 First-Quarter Results

April 24, 2019 8:30 AM EDT

Net income for the first quarter 2019 was $41.5 million or $1.12 per diluted shareCompany reiterates 2019 full-year earnings guidance Rail North America fleet utilization remains at 99.4%

CHICAGO, April 24, 2019 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE: GATX) today reported 2019 first quarter net income of $41.5 million or $1.12 per diluted share, compared to net income of $76.3 million or $1.98 per diluted share in the first quarter of 2018.

Brian A. Kenney, president and chief executive officer of GATX, stated, Conditions in the North American railcar leasing market are... More