CAI International (CAI) Tops Q2 EPS by 6c, Revenues Beat

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Go back to CAI International (CAI) Tops Q2 EPS by 6c, Revenues Beat

CAI International, Inc. Reports Results for the Second Quarter of 2018

July 31, 2018 4:00 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- CAI International, Inc. (CAI) (NYSE: CAI), one of the worlds leading transportation finance and logistics companies, today reported results for the second quarter of 2018.

Record lease revenue up 23% on strong container demand and improved rail fundamentals

Record logistics revenues grew 44% on the heels of the rebranding of CAI Logistics

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... More