GATX Corp. (GATX) Tops Q1 EPS by 71c, Offers FY Guidance

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Go back to GATX Corp. (GATX) Tops Q1 EPS by 71c, Offers FY Guidance

GATX Corporation Reports 2022 First-Quarter Results

April 20, 2022 8:30 AM EDT

Rail North Americas fleet utilization remained high at 99.3% Company reiterates 2022 full-year earnings guidance

CHICAGO--(BUSINESS WIRE)-- GATX Corporation (NYSE: GATX) today reported 2022 first-quarter net income of $75.8 million, or $2.10 per diluted share, compared to net income of $36.5 million, or $1.02 per diluted share, in the first quarter of 2021. The 2022 first-quarter results included a net negative impact of $11.5 million, or $0.32 per diluted share, attributed to a net impairment charge for aircraft spare engines in Russia at the Rolls-Royce and Partners Finance affiliates and a net... More