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Mar 31, 2021
GATX Q1 2021 Earnings Report
GATX reported net income of $36.5 million, with Rail North America's fleet utilization at 97.8%. The company reiterated its full-year earnings guidance.
Key Takeaways
GATX Corporation reported a net income of $36.5 million, or $1.02 per diluted share, for the first quarter of 2021. The company's Rail North America fleet utilization was 97.8%. GATX also reiterated its 2021 full-year earnings guidance of $4.00 to $4.30 per diluted share.
Net income for the first quarter 2021 was $36.5 million, or $1.02 per diluted share.
Rail North America's fleet utilization was 97.8%.
GATX invested approximately $350 million in aircraft spare engines during the first quarter.
The company reiterated its 2021 full-year earnings guidance.
GATX
GATX
GATX Revenue by Segment
Forward Guidance
GATX reaffirmed its full-year 2021 earnings estimate of $4.00 to $4.30 per diluted share.
Revenue & Expenses
Visualization of income flow from segment revenue to net income