Textainer Group Holdings Limited Reports First-Quarter 2019 Results

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Textainer Group Holdings (TGH) Tops Q1 EPS by 11c, Revenues Miss

May 9, 2019 4:12 PM EDT

Textainer Group Holdings (NYSE: TGH) reported Q1 EPS of $0.39, $0.11 better than the analyst estimate of $0.28. Revenue for the quarter came in at $155.53 million versus the consensus estimate of $156.9 million.

Lease rental income of $155.5 million for the first quarter, as compared to $157.1 million in the fourth quarter of 2018;Adjusted net income of $22.4 million for the first quarter, or $0.39 per diluted common share, as compared to $11.9 million, or $0.21 per diluted common share in the fourth quarter of 2018;Adjusted EBITDA of $118.1 million for... More