Articles from GATX Corporation

GATX Corporation (NYSE: GATX) was recently selected by the Chemistry Industry Association of Canada (“CIAC”) to receive the 2023 Responsible Care® Excellence in Partnership Award. This award was presented to GATX at the annual CIAC board of directors’ meeting on Oct. 22, 2024.

The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.58 per common share, payable Dec. 31, 2024, to shareholders of record on Dec. 13, 2024. This quarterly dividend is unchanged from the prior quarter.

GATX Corporation (NYSE: GATX) today reported 2024 third-quarter net income of $89.0 million, or $2.43 per diluted share, compared to net income of $52.5 million, or $1.44 per diluted share, in the third quarter of 2023. The 2024 third-quarter results include a net negative impact of $2.5 million, or $0.07 per diluted share, from Tax Adjustments and Other Items.

GATX Corporation (NYSE: GATX) will report results for the 2024 third quarter prior to market open on Oct. 22, 2024. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows:

GATX Corporation (NYSE: GATX), the leading global lessor of transportation assets, today announced that Christopher LaHurd has been appointed senior vice president, international, effective immediately. In this role, Mr. LaHurd will focus on developing and implementing strategic and operational initiatives that position GATX to fully capitalize on the attractive growth opportunities in the European rail market.

The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.58 per common share, payable September 30, 2024, to shareholders of record on September 13, 2024. This quarterly dividend is unchanged from the prior quarter.

GATX Corporation (NYSE: GATX) today reported 2024 second-quarter net income of $44.4 million, or $1.21 per diluted share, compared to net income of $63.3 million, or $1.74 per diluted share, in the second quarter of 2023. The 2024 second-quarter results include a net negative impact of $8.0 million, or $0.22 per diluted share, from Tax Adjustments and Other Items. The 2023 second-quarter results include a net positive impact of $0.2 million, or $0.01 per diluted share, from Tax Adjustments and Other Items.

GATX Corporation (NYSE: GATX) will report results for the 2024 second quarter prior to market open on July 23, 2024. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows:

Thomas A. Ellman, executive vice president and chief financial officer, GATX Corporation (NYSE: GATX), will present at the 2024 Wells Fargo Industrials Conference on Tuesday, June 11, 2024.

GATX Corporation (NYSE: GATX) today announced that Wesley J. Lujan will be appointed vice president, government and industry affairs, succeeding Terrence G. Heidkamp, who will retire at the end of 2024. In his new role, Mr. Lujan will be responsible for GATX’s relationships with North American rail industry associations and regulatory and legislative bodies.

The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.58 per common share, payable June 30, 2024, to shareholders of record on June 14, 2024. This quarterly dividend is unchanged from the prior quarter.

GATX Corporation (NYSE: GATX) today reported 2024 first-quarter net income of $74.3 million, or $2.03 per diluted share, compared to net income of $77.4 million, or $2.16 per diluted share, in the first quarter of 2023. The 2024 first-quarter results included a net positive impact of $0.6 million, or $0.02 per diluted share, from Tax Adjustments and Other Items. The 2023 first-quarter results included a net negative impact of $1.3 million, or $0.04 per diluted share, from Tax Adjustments and Other Items. Details related to Tax Adjustments and Other Items are provided in the attached Supplemental Information.

GATX Corporation (NYSE: GATX) will report results for the 2024 first quarter prior to market open on April 23, 2024. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows:

Thomas A. Ellman, executive vice president and chief financial officer, GATX Corporation (NYSE: GATX), will present at the Stifel 2024 Transportation & Logistics Conference on Feb. 13, 2024.

GATX Corporation (NYSE: GATX) today announced the election of John M. Holmes to its board of directors. Mr. Holmes will also serve as a member of the board’s Audit Committee. With the appointment of Mr. Holmes, the GATX board will now consist of 10 members, including nine independent directors.

GATX Corporation (NYSE: GATX) today reported 2023 fourth-quarter net income of $66.0 million or $1.81 per diluted share, compared to net income of $48.4 million or $1.36 per diluted share in the fourth quarter of 2022. The 2023 fourth-quarter results include a net positive impact from Tax Adjustments and Other Items of $0.07 per diluted share. The 2022 fourth-quarter results include a net negative impact from Tax Adjustments and Other Items of $0.18 per diluted share.

GATX Corporation (NYSE:GATX) will report results for the 2023 fourth quarter prior to market open on Jan. 23, 2024. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows:

Thomas A. Ellman, executive vice president and chief financial officer of GATX Corporation (NYSE: GATX), will present at the Stephens Annual Investment Conference on Wednesday, Nov. 15, 2023, at 3 p.m. EST.

The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.55 per common share, payable Dec. 31, 2023, to shareholders of record on Dec. 15, 2023. This quarterly dividend is unchanged from the prior quarter.

GATX Corporation (NYSE: GATX) today reported 2023 third-quarter net income of $52.5 million, or $1.44 per diluted share, compared to net income of $29.1 million, or $0.81 per diluted share, in the third quarter of 2022. The 2022 third-quarter results include a net negative impact of $10.8 million, or $0.31 per diluted share, from Tax Adjustments and Other Items.

GATX Corporation (NYSE: GATX) will report results for the 2023 third quarter prior to market open on Oct. 24, 2023. GATX will hold a conference call to review the results later that morning. Investors may listen to the call via telephone or over the internet as follows:

Thomas A. Ellman, executive vice president and chief financial officer of GATX Corporation (NYSE: GATX), will present at The TD Cowen Annual Global Transportation Conference on Wednesday, Sept. 6, 2023, at 10:55 a.m. EDT.

GATX Corporation (NYSE: GATX), the leading global lessor of transportation assets, today announced three senior leadership promotions, effective immediately:

The board of directors of GATX Corporation (NYSE: GATX) today declared a quarterly dividend of $0.55 per common share, payable Sep. 30, 2023, to shareholders of record on Sep. 15, 2023. This quarterly dividend is unchanged from the prior quarter.

GATX Corporation (NYSE: GATX) today announced the election of Shelley J. Bausch to its board of directors. Ms. Bausch will also serve as a member of the board’s Audit and Governance Committees. With the appointment of Ms. Bausch, the GATX board will now consist of nine members, including eight independent directors.