earnings
confidence high
sentiment positive
materiality 0.80
GATX Q3 net income $89.0M ($2.43 EPS); FY2024 guidance $7.50-$7.70
GATX CORP
2024-Q3 EPS reported
$5.68
revenue$1,172,000,000
- Q3 net income $89.0M ($2.43 diluted EPS) vs $52.5M ($1.44 EPS) in Q3 2023.
- Rail North America segment profit $102.4M vs $66.1M; fleet utilization 99.3%, LPI renewal rate +26.6%.
- Rail International segment profit $33.9M vs $28.2M; Engine Leasing segment profit $37.5M vs $20.2M.
- Investment volume $504.5M in Q3, over $1.3B YTD; remarketing income over $43M in Q3.
- Updated FY2024 EPS guidance $7.50-$7.70 per diluted share, excluding Tax Adjustments and Other Items.