GATX Corp. Announces 11% Increase In Q1 Bottom Line

(RTTNews) - GATX Corp. (GMT) reported a profit for its first quarter that climbed from last year.

The company said its bottom line totaled $69.3 million, or $1.66 per share. This was higher than $62.2 million, or $1.39 per share, in last year's first quarter.

Analysts had expected the company to earn $1.18 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.6% to $334.4 million. This was up from $319.7 million last year.

GATX Corp. earnings at a glance:

-Earnings (Q1): $69.3 Mln. vs. $62.2 Mln. last year. -Earnings Growth (Y-o-Y): 11.4% -EPS (Q1): $1.66 vs. $1.39 last year. -EPS Growth (Y-o-Y): 19.4% -Analysts Estimate: $1.18 -Revenue (Q1): $334.4 Mln vs. $319.7 Mln last year. -Revenue Change (Y-o-Y): 4.6%

-Guidance: Full year EPS guidance: $5.25 - $5.45