GATX Corporation Reports 2016 Second-Quarter Results
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GATX Corp. (GATX) Tops Q2 EPS by 26c; Raises Outlook
July 21, 2016 8:33 AM EDTGATX Corp. (NYSE: GATX) reported Q2 EPS of $1.49, $0.26 better than the analyst estimate of $1.23. Revenue for the quarter came in at $358.9 million versus the consensus estimate of $364.73 million.
Despite continued deterioration of conditions in the railcar leasing market, GATX produced excellent financial results in the second quarter, said Brian A. Kenney, president and chief executive officer at GATX. The combination of productivity improvements in our maintenance network, tight management of... More
