Welcome to our dedicated page for Gatx news (Ticker: GATX), a resource for investors and traders seeking the latest updates and insights on Gatx stock.
GATX Corporation (NYSE: GATX) delivers essential railcar leasing solutions and fleet management services to global transportation markets. This news hub provides investors with direct access to official press releases, financial disclosures, and strategic updates from the industry-leading lessor.
Track critical developments including quarterly earnings reports, fleet expansion initiatives, and maintenance program enhancements. Our curated collection features verified announcements about partnership agreements, leadership changes, and regulatory compliance milestones specific to GATX's rail operations across North America, Europe, and Asia.
Bookmark this page for streamlined monitoring of GATX's asset utilization strategies, market position updates, and responses to evolving logistics demands. All content is sourced directly from company filings and authorized communications to ensure reliability.
GATX Corporation (NYSE:GATX) announced that Brian A. Kenney, president and CEO, will present at Baird’s 2021 Global Industrial Conference on Thursday, Nov. 11, 2021, at 2 p.m. Eastern Time. The presentation aims to provide an overview of GATX’s operations.
Investors can access the live webcast via www.gatx.com, starting 15 minutes before the event. Presentation slides will be available beforehand. GATX, headquartered in Chicago, Illinois, has been a leader in railcar leasing for over 120 years.
The board of directors of GATX Corporation (NYSE:GATX) has announced a quarterly dividend of $0.50 per common share, to be paid on December 31, 2021. Shareholders on record as of December 15, 2021 will receive this dividend, which remains unchanged from the previous quarter. GATX has a significant history in railcar leasing, serving customers for over 120 years from its headquarters in Chicago, Illinois.
GATX Corporation (NYSE: GATX) reported a net income of $40.1 million, or $1.11 per diluted share, for Q3 2021, a decrease from $48.2 million ($1.36 per share) in Q3 2020. Year-to-date net income from continuing operations dropped to $82.1 million, down from $132.4 million in the previous year. Fleet utilization improved to 99.2%, while renewal lease rates decreased by 8.1%. The company maintains its 2021 full-year earnings guidance of $4.30 to $4.50 per diluted share, excluding tax adjustments. Segment profits increased in Rail North America and Rail International.
GATX Corporation (NYSE:GATX) will report its Q3 2021 results on October 21, 2021, ahead of market open. A related conference call will be held the same day at 11 a.m. ET. Investors can access the call via phone or through a live webcast at www.gatx.com. The replay will be available starting at 2 p.m. ET the same day. GATX, a leading railcar leasing company based in Chicago, Illinois, continually aims to provide excellent service to its customers and shareholders.
GATX Corporation (NYSE:GATX) announced that Robert C. Lyons, Executive Vice President and President of Rail North America, will present at the Cowen Annual Global Transportation and Sustainable Mobility Virtual Conference on September 8, 2021, at 10 a.m. Eastern Time. The presentation will cover an overview of GATX’s operations. Interested parties can access the live webcast by visiting www.gatx.com at least 15 minutes before the start. Presentation slides will also be available on GATX's website prior to the event.
On July 30, 2021, GATX Corporation announced a quarterly dividend of $0.50 per common share, payable on September 30, 2021, to shareholders of record by September 15, 2021. This dividend remains unchanged from the previous quarter, reflecting the company's commitment to returning value to shareholders. With over 120 years in the railcar leasing industry, GATX continues to strive for excellence in its services and operations.
GATX Corporation reported second-quarter 2021 net income of $5.5 million, or $0.15 per diluted share, significantly lower than $37.0 million, or $1.05 per diluted share, year-over-year. The results include a negative impact of $39.7 million due to a tax rate increase in the UK and $3.4 million related to debt extinguishment. Despite these challenges, the company increased its full-year earnings guidance to $4.30-$4.50 per diluted share. Rail North America posted a segment profit of $77.6 million, reflecting higher asset disposition gains. However, Portfolio Management profits declined due to lower earnings from affiliates.
GATX Corporation (NYSE:GATX) is set to report its second quarter 2021 results on July 20, 2021, prior to market opening. A conference call to discuss the results will take place the same day at 11 a.m. Eastern Time, accessible via phone or webcast. Investors can listen to the call by dialing in or visiting GATX's website. The company also emphasizes its longstanding reputation as a leading railcar leasing provider, serving customers for over 120 years from its Chicago headquarters. For further details, visit the Investor Relations section on GATX's website.
GATX Corporation (NYSE:GATX) announced that Thomas A. Ellman, executive vice president and CFO, will present at the 2021 Virtual Wells Fargo Industrials Conference on May 5, 2021, at 2:00 PM ET. The presentation will offer an overview of GATX's operations and will include a Q&A session. Interested individuals can listen to the live webcast on the GATX website, which will be archived for 90 days. Accompanying slides will also be available on the site. GATX has been a leading global railcar lessor for over 120 years, headquartered in Chicago.
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