GATX Corp
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Industrials : Trading Companies & Distributors | Small Cap Blend
Company profile

GATX Corporation is a global railcar lessor, owning fleets in North America, Europe, and Asia. In addition, the Company operates fleet of the United States-flagged vessels on the Great Lakes and jointly with Rolls-Royce plc, it owns aircraft spare engine lease portfolios in the world. It operates through three business segments: Rail North America, Rail International and Portfolio Management. It approximately owns a fleet of 147,000 railcars. It offers customers leasing, maintenance, asset, financial, and management expertise. It leases tank cars, freight cars, and locomotives in North America, tank cars and freight cars in Europe and freight cars in India and Russia. The Company's rail customers primarily operate in the petroleum, chemical, food/agriculture and transportation industries. Its railcar fleet consists of diverse railcar types that its customers use to ship more than 600 different commodities.

Price
Delayed
$92.26
Day's Change
0.00 (0.00%)
Bid
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Ask
--
B/A Size
--
Day's High
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Day's Low
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Volume
(Light)

Today's volume of 4 shares is on pace to be much lighter than GATX's 10-day average volume of 163,752 shares.

4

UPDATE: Tesla delivered 184,800 vehicles in Q1, blowing past estimates

11:16 am ET April 2, 2021 (MarketWatch)
Print

Tesla Inc. (TSLA) said Friday that first-quarter deliveries, its proxy for sales, totaled 184,800 vehicles in the first quarter, beating the FactSet consensus of 168,000. The electric vehicle company said it produced just over 180,000 vehicles in the period. Sales of its Model 3 sedans and Model Y compact SUVs came to 182,780. The FactSet consensus was for 122,600 Model 3s and about 10,000 Model Ys sold. "We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity," the company said in a statement. "The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production." When the company reported fourth-quarter earnings in January, it said it planned to grow its manufacturing capacity "as quickly as possible," and, as far as deliveries, it said it expects to reach a 50% average annual growth over a "multiyear horizon." The stock market was closed Friday, but Tesla shares are down 6.2% in the year to date, while the S&P 500 has gained 7%. The stock remains up a stunning 628% in the last 12 months.

-Ciara Linnane; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

April 02, 2021 11:16 ET (15:16 GMT)

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