Textainer Group Holdings (TGH) Misses Q2 EPS by 9c

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Textainer Group Holdings Limited Reports Second-Quarter Results and Declares Quarterly Dividend

August 9, 2016 9:01 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- Textainer Group Holdings Limited (NYSE: TGH) (Textainer, the Company, we and our), one of the worlds largest lessors of intermodal containers, reported second-quarter 2016 results.

Financial and Business Highlights

Lease rental income of $120.2 million for the quarter, a decrease of 6.3 percent from the prior year quarter; Net loss attributable to Textainer Group Holdings Limited common shareholders of $1.5 million for the quarter, or $0.03 per diluted common share; Adjusted net income (1) of $3.0 million for the quarter, or $0.05 per diluted common share;... More