CAI International (CAI) Misses Q4 EPS by 17c

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CAI International, Inc. Reports Results for the Fourth Quarter and Full Year of 2018

February 20, 2019 4:00 PM EST

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 fourth quarter and full year of 2018.

Record net income for the year of $73.5 million driven by strong container demand

Logistics revenue grew to a record $111.5 million up 38% driven by demand for truck brokerage and intermodal services

Highlights

Net income attributable to CAI common stockholders for the year ended December 31, 2018 was $73.5 million, or $3.71... More