GATX Surpasses Q1 Earnings Estimates, Reaffirms 2024 EPS View

GATX Corporation’s (GATX) first-quarter 2024 earnings per share (EPS) of $2.01 outpaced the Zacks Consensus Estimate of$1.72. However, the bottom line declined 8.6% year over year. Revenues of $379.9 million improved 12.1$333.3 million grew 10.3% year over year. Revenues from other sources rose 15.5% to $33.4 million.Total expenses (on a reported basis) rose 8$265.9 million.Profits in the Rail North America segment profit decreased to $90.3 million from$95.2 million ...