CAI International, Inc. Reports Results for the Second Quarter of 2018
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/6/2026
- S&P 500, Nasdaq rise as chips recover, Broadcom gains on Apple deal
- Oil prices little changed as Saudi cuts prices, OPEC+ boosts target
- Broadcom stock pops 4% as Apple silicon deal gets extended through 2031
- Buy the pullback in chip stocks, JPM's Matejka says
- Memory stocks rebound as analysts flag a buying opportunity
- Nokia OYJ (NOKIA:FH) (NOK) PT Raised to EUR14 at Kepler Cheuvreux
- Broadcom secures role as key Apple supplier with chip deal through 2031
- Dara Khosrowshahi steps down from Grab Holdings board
- Mahindra & Mahindra Ltd (MM:IN) (MAHMF) PT Raised to INR320 at HSBC
- S&P 500, Nasdaq rise as chips recover, Broadcom gains on Apple deal
CAI International (CAI) Tops Q2 EPS by 6c, Revenues Beat
July 31, 2018 4:01 PM EDTCAI International (NYSE: CAI) reported Q2 EPS of $0.97, $0.06 better than the analyst estimate of $0.91. Revenue for the quarter came in at $105.7 million versus the consensus estimate of $100.69 million.
Highlights
Net income attributable to CAI common stockholders for the second quarter of 2018 was $19.1 million, or $0.97 per fully diluted share, compared to $12.6 million, or $0.65 per fully diluted share, in the second quarter of 2017.Net income attributable to CAI common stockholders for the second quarter of 2018 included a gain on insurance recovery of $1.4 million, or $0.07 per fully diluted share.CAI reported record... More