GATX Corp. (GATX) Tuesday announced a surge in third-quarter earnings compared to the prior year.
For the third quarter, the company reported profit of $89 million or $2.43 per share, compared to profit of $52.5 million or $1.44 per share last year. On an adjusted basis, that excludes tax adjustments and other items of $2.5 million or $0.07 per share, the earnings were $91.5 million.
On average, two analysts polled by Thomson Reuters expected the company to earn $1.85 per share. Analysts estimates usually exclude special items.
Revenue for the quarter increased to $405.4 million from $360.1 million last year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.