Textainer Group Holdings Limited Reports Second-Quarter 2019 Results
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Textainer Group Holdings (TGH) Misses Q2 EPS by 16c
August 6, 2019 4:20 PM EDTTextainer Group Holdings (NYSE: TGH) reported Q2 EPS of $0.16, $0.16 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $155.11 million versus the consensus estimate of $157.43 million.
Lease rental income of $155.1 million for the second quarter, as compared to $155.5 million in the first quarter of 2019;Adjusted net income of $9.0 million for the second quarter, or $0.16 per diluted common share, as compared to $22.4 million, or $0.39 per diluted common share in the first quarter of 2019;Adjusted EBITDA of $114.7 million for the second quarter;Amended the existing $1.2 billion warehouse... More