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GATX Corporation (GATX) Q4 2024 Earnings Call Transcript

January 24, 2025
in Market & News
Reading Time: 2 mins read
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GATX Corporation (GATX) Q4 2024 Earnings Call Transcript
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GATX Corporation (NYSE:GATX) Q4 2024 Earnings Conference Call January 23, 2025 11:00 AM ET

Company Participants

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Shari Hellerman – Head, IR
Bob Lyons – President and CEO
Paul Titterton – EVP and President, Rail North America
Tom Ellman – EVP and CFO

Conference Call Participants

Andrzej Tomczyk – Goldman Sachs
Bascome Majors – Susquehanna
Justin Bergner – Gabelli Funds
Brendan McCarthy – Sidoti

Operator

Thank you for standing by. My name is Jeanine and I will be your conference operator for today. At this time, I would like to welcome everyone to the GATX 2024 Fourth Quarter Earnings Call. [Operator Instructions]

I will now turn the call over to Ms. Shari, Head of Investor Relations. Please go ahead.

Shari Hellerman

Thank you, Jeanine. Good morning, and thank you for joining GATX’s fourth quarter and 2024 year-end earnings conference call. I’m joined today by Bob Lyons, President and Chief Executive Officer; Tom Ellman, Executive Vice President and Chief Financial Officer; and Paul Titterton, Executive Vice President and President of Rail North America.

As a reminder, some of the information you’ll hear during our discussion today will consist of forward-looking statements. Actual results or trends could differ materially from those statements or forecasts. For more information, please refer to the risk factors included in our earnings release and those discussed in GATX’s Form 10-K for 2023 and our other filings with the SEC.

GATX assumes no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances. I’ll provide a quick overview of our 2024 fourth quarter and full year results and then I’ll turn it over to Bob for additional commentary on 2024 as well as our outlook for 2025. After that, we’ll open the call up for questions.

Earlier today, GATX reported 2024 fourth quarter net income of $76.5

Credit: Source link

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