GATX Reports Q4 Earnings of $76.5 Million, Adjusted EPS of $1.93

GATX Corporation (GATX) announced fourth-quarter net income of $76.5 million, translating to $2.10 per diluted share. Adjusted for pretax gains, earnings reached $1.93 per share.

Revenue for the quarter amounted to $413.5 million. For the full year, GATX reported net income of $284.2 million ($7.78 per share) on revenue of $1.59 billion.

The company projects full-year 2023 earnings per share in the range of $8.30 to $8.70.