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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
Revenue by Segment
Rail North America Revenue
CapyFin.comRail International Revenue
CapyFin.comEngine Leasing Revenue
CapyFin.comOther Revenue
CapyFin.com 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