Textainer Group Holdings (TGH) Tops Q3 EPS by 5c

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Go back to Textainer Group Holdings (TGH) Tops Q3 EPS by 5c

Textainer Group Holdings Limited Reports Third-Quarter Results

November 2, 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, today reported financial results for the third quarter ended September 30, 2018.

Key Financial and Business Highlights

Total revenues of $149.4 million for the quarter, a $23.8 million increase (or 19.0%) from the third quarter of 2017, driven by strong lease-out and resale activity; Lease rental income of $129.8 million for the quarter, an increase of $17.6 million (or 15.7%) from the third quarter of 2017 and $8.3 million (or 6.8%) from the second quarter of 2018;... More