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Stock impact report

GATX Corporation Reports 2024 Third-Quarter Results

GATX Corporation (GATX) 
Last gatx corporation earnings: 1/23 08:30 am Check Earnings Report
Company Research Source: Business Wire
Demand for railcars across GATX's global fleets remains strong; Rail North America’s fleet utilization remains above 99%Aircraft spare engine portfolio continues strong performanceInvestment volume was $504.5 million in the third quarter and totaled over $1.3 billion year to dateCompany updates 2024 full-year earnings guidance to $7.50 – 7.70 per diluted share CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE: GATX) today reported 2024 third-quarter net income of $89.0 million, or $2.43 per diluted share, compared to net income of $52.5 million, or $1.44 per diluted share, in the third quarter of 2023. The 2024 third-quarter results include a net negative impact of $2.5 million, or $0.07 per diluted share, from Tax Adjustments and Other Items.Net income for the first nine months of 2024 was $207.7 million, or $5.68 per diluted share, compared to $193.2 million, or $5.30 per diluted share, in the prior year period. The 2024 year-to-date results include a net negative impact of $9.9 m Show less Read more
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