GATX Corporation Reports 2020 Second-Quarter Results

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GATX Corp. (GATX) Tops Q2 EPS by 11c, Revenues Miss

July 21, 2020 8:34 AM EDT

GATX Corp. (NYSE: GATX) reported Q2 EPS of $1.05, $0.11 better than the analyst estimate of $0.94. Revenue for the quarter came in at $300.5 million versus the consensus estimate of $331.4 million.

Net income from continuing operations for the second quarter 2020 was $37.0 million or $1.05 per diluted shareRail North Americas fleet utilization remained high at 98.7%

In the second quarter, COVID-19 and its effect on the global economy negatively impacted all of our business... More