GATX Corporation Reports 2010 Third Quarter Results; EPS $.45

GATX Corporation GMT today reported 2010 third quarter net income of $21.1 million or $.45 per diluted share, compared to 2009 third quarter net income of $19.6 million or $.42 per diluted share. Third quarter 2010 results include negative fair-value adjustments on interest rate swaps at GATX's European affiliate, AAE Cargo (AAE), of $2.7 million or $.06 per diluted share, and a tax benefit of $1.9 million or $.04 per diluted share from a reduction of statutory tax rates in the United Kingdom.