GATX 3Q Profit Climbs as Railcar Demand Holds Up

By MarketWatch | Oct 22, 2024 at 08:52 AM EST

GATX reported a significant increase in revenue and earnings for the third quarter due to high fleet utilization driven by strong global market demand. The Chicago-based railcar leasing company's profit rose to $89 million, with adjusted earnings at $2.50 per share. Revenue also surged to $405.

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