Textainer Group Holdings (TGH) Misses Q2 EPS by 3c

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Go back to Textainer Group Holdings (TGH) Misses Q2 EPS by 3c

Textainer Group Holdings Limited Reports Second-Quarter Results

August 7, 2018 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 second-quarter 2018 results.

Financial and Business Summaries

Total revenues of $140.7 million for the quarter, a $21.5 million (or 18.0%) increase from the second quarter of 2017; Lease rental income of $121.6 million for the quarter, a $12.8 million (or 11.8%) increase from the second quarter of 2017 and sixth consecutive quarter of growth; Adjusted EBITDA(1) of $109.1 million for the quarter, an improvement of $17.9 million (or 19.7%), from the... More