Gatx: Fourth Quarter Financial Overview

GATX Corp. Announces Fourth Quarter Financial Results

GATX Corp., headquartered in Chicago, revealed on Thursday that it achieved a net income of $97 million during the fourth quarter.

The company reported earnings of $2.66 per share for the quarter. After excluding one-time gains, adjusted earnings stood at $2.44 per share.

During this period, the equipment financing firm generated $449 million in revenue.

For the entire fiscal year, GATX recorded a total profit of $333.3 million, which translates to $9.12 per share. Annual revenue reached $1.74 billion.

Looking ahead, GATX projects its earnings per share for the upcoming year to fall between $9.50 and $10.10.

Financial data provided by Zacks Investment Research and compiled by Automated Insights.