Textainer Group Holdings Ltd. (TGH) Misses Q3 EPS Views; Approves Buyback of Stock
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Textainer Group Holdings Limited Reports Third-Quarter Results and Declares Quarterly Dividend
November 3, 2015 9:02 AM ESTBoard of Directors Authorizes Share Repurchase Program of Up to $100 million
HAMILTON, Bermuda--(BUSINESS WIRE)-- Textainer Group Holdings Limited (NYSE: TGH) (Textainer, the Company, we and our), the worlds largest lessor of intermodal containers based on fleet size, reported third-quarter 2015 results.
Financial and Business Highlights
Lease rental income of $128.3 million was flat year over year, excluding the $2.6 million of proceeds received from a settlement with a bankrupt lessee in the prior year quarter; Adjusted net income(1) of $17.7 million for the quarter, or $0.31 per diluted common... More