Earnings ·
GATX reports Q3 diluted EPS of $2.92, raises full-year earnings guidance
GATXGatx Corp
GATX Corporation reported third-quarter net income attributable to GATX of $105.2 million, or $2.92 per diluted share, compared to $82.2 million, or $2.25 per diluted share, in the prior-year period. The company raised its 2026 full-year earnings guidance, now expecting results to modestly exceed the high end of the previous range of $9.90 to $10.30 per diluted share. Rail North America segment profit increased to $121.3 million from $70.7 million, driven by higher lease revenues and net gains on asset dispositions of $50.3 million. Fleet utilization reached 98.4% in North America and 96.1% in Europe, while investment volume totaled $171.7 million for the quarter. GATX Corporation leases transportation assets including railcars, aircraft spare engines, and tank containers to customers worldwide.