GATX Q2 EPS $0.07 ($1.00 from impairments); raises FY22 EPS guidance to $5.60-$6.00

GATX CORP

2022-Q2 EPS reported $2.18 revenue$629,300,000

Q2 net income $2.6M ($0.07 diluted), includes $35.9M ($1.00/share) in net negative items, primarily marine vessel impairment.
Rail North America fleet utilization 99.4%; renewal lease rate change (LPI) +18.3% with average term 34 months.
Full-year 2022 EPS guidance raised to $5.60-$6.00 per diluted share (excl. special items), up from prior range.
Investment volume $684.5M year-to-date; demand strong across all regions.
Portfolio Management segment loss $15.7M due to marine vessel impairment $31.5M and Russia engine impairment.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.