GATX

GATX Corp. engages in leasing and owning railcar and fleets in North America, Europe and Asia. It operates through the following segments: Rail North America, Rail International and Portfolio Management. The Rail North America segment provides railcars pursuant to full-service leases under which it maintains the railcars and provides other ancillary services. The Rail International segment consists of operations in Europe. The Portfolio Management segment is composed of ownership in a group of joint ventures with Rolls-Royce plc that lease aircraft spare engines, as well as five liquefied gas-carrying vessels, the Norgas Vessels. The company was founded in 1898 and is headquartered in Chicago, IL.

Earnings data Q1 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

GATX reports mixed Q4 earnings, eyes growth in 2023

GATX's Q4 2022 earnings showed a decrease from the previous year, but full-year earnings grew. The company remains cautious about the macroeconomic environment but is confident in its position. Challenges in Rail International were offset by strengths in Rail North America and Portfolio Management. Opportunities for growth include expanding the aircraft engines portfolio and increasing segment profits.

GATX reports robust Q1 earnings, optimistic about full-year outlook

GATX's Q1 performance showcased strong earnings and operational metrics, with a positive outlook for full-year earnings. Analyst inquiries focused on lease rates, maintenance expenses, and growth strategies. The company remains optimistic about market opportunities and potential for continued performance.

GATX reports strong Q2 earnings, poised to exceed full-year guidance

GATX's Q2 2023 earnings reflect robust financial performance and growth compared to the previous year.
The company's strengths lie in solid portfolio management results and strong lease rates amidst tight supply.
Challenges include elevated maintenance expenses impacting profitability, but opportunities for growth are evident.
Overall, GATX's performance indicates a positive outlook for exceeding full-year earnings guidance.

GATX surpasses earnings expectations, navigates sector challenges with strategic agility

GATX delivered strong financial performance in Q3 2023, with notable increases in net income and earnings per share, driven by successful portfolio management and operational efficiency.
While facing challenges in the intermodal sector and potential macroeconomic headwinds, the company showcased resilience and strategic foresight to exceed full-year earnings guidance.
Analysts' inquiries highlighted a focus on key operational metrics and financial indicators, emphasizing the importance of prudent cost management and risk mitigation strategies.

GATX posts record earnings in 2023, eyes growth opportunities

GATX delivered strong financial performance in Q4 2023 and full year 2023, driven by record investment volume and solid lease revenue growth.
The company's strategic focus on portfolio management and disciplined investments positions it well for continued success in 2024.
Challenges include managing maintenance costs, balancing portfolio sales with new investments, and navigating market dynamics for growth.
Opportunities lie in leveraging high demand for existing assets, pursuing profit growth in key segments, and optimizing debt leverage for financial efficiency.

GATX reports steady Q1 performance with growth opportunities ahead

GATX's Q1 2024 performance was solid, with a focus on fleet utilization, lease rate increases, and asset remarketing.
While facing challenges in net income and fleet management, the company has opportunities for growth in secondary markets and international air travel.
Overall, GATX's strategic positioning in rail and engine leasing sectors sets a positive trajectory for future performance and revenue generation.

GATX reports lower Q2 earnings but sees growth opportunities ahead

GATX's Q2 2024 performance reflected a decrease in net income but showcased strong operational metrics in its rail segments.
While facing challenges in year-to-date profitability, the company's disciplined approach and strategic investments position it well for future growth.
Opportunities lie in expanding market presence, leveraging supply agreements, and maintaining a focus on efficient asset management.
Overall, GATX's performance, strengths, and opportunities indicate a resilient business model with potential for sustained growth.

GATX reports robust Q3 earnings, eyes international growth opportunities

GATX's strong financial performance in Q3 2024 reflects operational excellence and strategic decision-making.
The company's focus on fleet utilization, remarketing income, and international profitability positions it well for future growth.
Challenges related to tax impacts and market sustainability require proactive management and strategic planning.
Opportunities in robust market demand and international expansion offer avenues for continued success and profitability.

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GATX Corp. engages in leasing and owning railcars and fleets in North America, Europe and Asia. It operates through the following segments: Rail North America, Rail International, and Portfolio Management. The Rail North America segment provides railcars pursuant to full-service leases under which it maintains the railcars and provides other ancillary services. The Rail International segment consists of operations in Europe. The Portfolio Management segment is composed of ownership in a group of joint ventures with Rolls-Royce plc that lease aircraft spare engines, as well as five liquefied gas-carrying vessels, the Norgas Vessels. The company was founded in 1898 and is headquartered in Chicago, IL.

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CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today announced that James B.

GATX Corporation Announces the Appointment of James B. Ream as Independent Chair of the Board

GATX's third-quarter 2022 earnings and revenues improve year over year.

GATX Q3 Earnings & Revenues Fall Short of Estimates, Rise Y/Y

GATX Corp 5 5/8 % Notes 2016-30.05.66

GATX Corporation (NYSE:GATX ) Q3 2022 Earnings Conference Call October 25, 2022 11:00 AM ET Company Participants Shari Hellerman - Head of IR Paul Titterton - EVP and President of Rail North America Robert Lyons - President and CEO Thomas Ellman - EVP and CFO Conference Call Participants Allison Poliniak - Wells Fargo Matt Elkott - Cowen Bascome Majors - Susquehanna Justin Long - Stephens Justin Bergner - Gabelli Funds Operator Good morning. My name is Colby and I'll be your conference operator today.

GATX Corporation (GATX) Q3 2022 Earnings Call Transcript

Gatx (GATX) delivered earnings and revenue surprises of -2.61% and 0.21%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Gatx (GATX) Q3 Earnings and Revenues Lag Estimates

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today reported 2022 third-quarter net income of $29.1 million, or $0.81 per diluted share, compared to net income of $40.1 million or $1.11 per diluted share in the third quarter of 2021.

GATX Corporation Reports 2022 Third-Quarter Results

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Why Gatx (GATX) is a Top Dividend Stock for Your Portfolio

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) will report results for the 2022 third-quarter prior to market open on Oct. 25, 2022. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows: Live Teleconference Date: Oct. 25, 2022 Time: 11 a.m. (Eastern Time) Domestic Dial-In: 1-888-660-6118 International Dial-In: 1-929-203-1802 Live Webcast: www.gatx.com To participate by phone, please dial

GATX Corporation Sets Date for 2022 Third-Quarter Earnings Release and Conference Call

Trinity Rail Group and GATX have entered into a $1.8 billion long-term railcar supply agreement, both parties announced Monday. The agreement calls for Trinity Rail Group, a subsidiary of Trinity Industries (NYSE: TRN), to supply railcar lessor GATX (NYSE: GATX) with a mix of 15,000 newly built tank and freight railcars over six years.

Trinity, GATX reach $1.8B railcar supply agreement

Trinity Industries

Trinity Industries Inc. TRN, -2.38% shares rose 1.9% in premarket trades on Monday after the Dallas company said its Trinity Trail Group LLC unit agreed to supply 15,000 new tank and freight railcars to GATX Corp. GATX, -3.36% over a six-year period, in a deal valued at about $1.8 billion. GATX CEO Robert Lyons said the order will cover its base fleet reinvestment needs in North America through 2023.

Trinity inks $1.8 billion rail car deal with buyer GATX, shares rise

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) has entered into a new long-term railcar supply agreement with a subsidiary of Trinity Industries, Inc. (“Trinity”) to purchase 15,000 newly built railcars through 2028, with an option to order up to an additional 500 railcars each year from 2023 to 2028. The agreement enables GATX to order a broad mix of tank and freight cars. Trinity will deliver 6,000 tank cars at a rate of 1,200 cars each year from 2024 through 2028. The remaining 9,000

GATX Corporation Announces Long-Term Railcar Supply Agreement

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Gatx (GATX) is a Top Dividend Stock Right Now: Should You Buy?

CHICAGO--(BUSINESS WIRE)--Deborah A. Golden, executive vice president, general counsel and corporate secretary of GATX Corporation (NYSE:GATX), has elected to retire effective Nov. 30, 2022. Ms. Golden joined GATX in 2006 as vice president and general counsel. Brian L. Glassberg, currently deputy general counsel of GATX, has been appointed executive vice president, general counsel and corporate secretary effective Dec. 1, 2022. “Since joining GATX, Deb has been instrumental in every facet of ou

GATX Corporation Announces Retirement of Deborah A. Golden, Executive Vice President, General Counsel and Corporate Secretary; Board Appoints Brian L.

DORDRECHT & MAINPORT ROTTERDAM, Netherlands--(BUSINESS WIRE)--Trifleet Leasing Holding B.V. (“Trifleet”), a wholly owned subsidiary of Chicago-based GATX Corporation (NYSE: GATX), announced that Erik Henstra has been appointed as Managing Director, effective Sept. 1. “Erik is a proven leader with extensive international experience in asset leasing and associated services,” said Thomas A. Ellman, Executive Vice President and Chief Financial Officer of GATX. “We are confident that Erik is the ide

Trifleet Leasing Appoints Erik Henstra as Managing Director

CHICAGO--(BUSINESS WIRE)--Thomas A. Ellman, executive vice president and chief financial officer of GATX Corporation (NYSE:GATX), will participate in a fireside chat at the Cowen Annual Global Transportation and Sustainable Mobility Virtual Conference on Wednesday, Sept. 7, 2022, at 9:20 a.m. EST. To listen to a live webcast of the event, please access the appropriate link at www.gatx.com at least 15 minutes prior to the start time. The webcast will be archived for 90 days. COMPANY DESCRIPTION

GATX Corporation to Participate in the Cowen Annual Global Transportation and Sustainable Mobility Conference

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GATX stock continues to benefit from the gradual improvement in the North American railcar leasing market.

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KANSAS CITY, Mo.--(BUSINESS WIRE)--Kansas City Southern (KCS), Canadian Pacific (TSX: CP) (NYSE: CP), GATX (NYSE: GATX), Monterrey Metropolitan Rotary Club (Rotary) and NASCO today announced the launch of the Save the Monarch Butterfly 60,000 Tree Challenge North American Boxcar Tour to raise $100,000 USD. The funds raised will be used to plant 60,000 oyamel trees at El Rosario Monarch Butterfly Sanctuary in Michoacán, Mexico to help reestablish the monarch population. This past week, the Monar

KCS, CP, GATX, Local Rotary Clubs and NASCO Launch 60,000 Tree Challenge North American Boxcar Tour to Help Save the Monarch Butterfly

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Profits at GATX's Rail North America segment decline in Q2 on a year-over-year basis.

GATX Stock Steady on the Bourses Since Q2 Earnings Miss

GATX Corporation (NYSE:GATX ) Q2 2022 Earnings Conference Call July 21, 2022 11:00 AM ET Company Participants Shari Hellerman - Head of IR Paul Titterton - EVP and President of Rail North America Brian Kenney - President and CEO Robert Lyons - EVP and President, Rail North America Conference Call Participants Allison Poliniak - Wells Fargo Justin Long - Stephens Matt Elkott - Cowen Marla Backer - Sidoti Justin Bergner - Gabelli Funds Bascome Majors - Susquehanna Steve Barger - KeyBanc Capital Markets Operator Good day, ladies and gentlemen, and welcome to the GATX 2022 Second Quarter Conference Call. Today's conference is being recorded.

GATX Corporation (GATX) CEO Brian Kenney on Q2 2022 Results - Earnings Call Transcript

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) today reported 2022 second-quarter net income of $2.6 million, or $0.07 per diluted share, compared to net income of $5.5 million, or $0.15 per diluted share, in the second quarter of 2021. The 2022 second-quarter results include net negative impacts of $35.9 million, or $1.00 per diluted share, from Tax Adjustments and Other Items. The most significant item was an impairment charge associated with the Company's planned sale of its five rem

GATX Corporation Reports 2022 Second-Quarter Results

CHICAGO--(BUSINESS WIRE)--GATX Corporation (NYSE:GATX) will report results for the 2022 second quarter prior to market open on July 21, 2022. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows: Live Teleconference Date: July 21, 2022 Time: 11 a.m. (Eastern Time) Domestic Dial-In: 1-800-289-0720 International Dial-In: 1-323-701-0160 Live Webcast: www.gatx.com To participate by phone, please dia

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