Textainer Group Holdings (TGH) Misses Q1 EPS by 1c

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Go back to Textainer Group Holdings (TGH) Misses Q1 EPS by 1c

Textainer Group Holdings Limited Reports First-Quarter Results

May 4, 2017 9:00 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 first-quarter 2017 results.

Financial and Business Summaries

Lease rental income increased $0.9 million (or 0.9 percent) from the prior quarter to $107.6 million; Container impairments declined $10.3 million (or 73 percent) from the prior quarter to $3.8 million (or $0.07 per diluted common share) for the quarter; Gains on sale of containers, net increased $0.7 million (or 22 percent) from the prior quarter to $4.0 million (or $0.07 per... More