secwatch.observer — SEC 8-K summary
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Issuer:     GATX CORP (GATX)
CIK:        0000040211
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0000040211-22-000113
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GATX Q3 net income $29.1M ($0.81 EPS); Russia exit charges; guidance upper end
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- Q3 net income fell to $29.1M ($0.81) from $40.1M ($1.11) YoY; includes $10.8M Russia impairment.
- Rail North America utilization 99.6%; Lease Price Index renewal rate change +37.5% vs -8.1% YoY.
- Rail International profit $14.5M vs $27.0M YoY; hit by $10.8M Russian exit charge and FX headwinds.
- Full-year EPS guidance raised to upper end of $5.60–$6.00, excluding Tax Adjustments and Other Items.
- YTD investment volume $887.9M; new committed supply agreement for min. 15,000 railcars.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40211/000004021122000113/0000040211-22-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40211/000004021122000113/gatx-20221025.htm
  HTML page:      https://secwatch.observer/filing/0000040211-22-000113

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