Reports Q3 revenue $405.4M, consensus $391.65M. “Operating conditions across our global markets remain consistent with our expectations coming into the year,” said Robert Lyons, president and chief executive officer of GATX (GATX). “Our commercial and operations teams at Rail North America continue to execute at a high level. GATX Rail North America’s fleet utilization was 99.3% at the end of the third quarter and the renewal success rate was over 80%. The renewal lease rate change of GATX’s Lease Price Index was a positive 26.6% with an average renewal term of 59 months.”
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