GATX Corp. (GATX) Tops Q1 EPS by 9c, Revenues Miss

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GATX Corporation Reports 2020 First-Quarter Results

May 4, 2020 8:30 AM EDT

Net income for the first quarter 2020 was $46.3 million or $1.31 per diluted shareGATX suspends 2020 guidance due to uncertainties related to the COVID-19 pandemicRail North Americas fleet utilization remained strong at 99.0%

CHICAGO, May 04, 2020 (GLOBE NEWSWIRE) -- GATX Corporation (NYSE: GATX) today reported 2020 first-quarter net income of $46.3 million or $1.31 per diluted share, compared to net income of $41.5 million or $1.12 per diluted share in the first quarter of 2019.

GATX posted solid first-quarter results despite continuing weakness in the North American railcar leasing market and a... More