Textainer Group Holdings Limited Reports Third-Quarter 2019 Results
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Textainer Group Holdings (TGH) Misses Q3 EPS by 10c, Revenues Miss
October 31, 2019 4:31 PM EDTTextainer Group Holdings (NYSE: TGH) reported Q3 EPS of $0.22, $0.10 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $154.67 million versus the consensus estimate of $156.8 million.
Lease rental income of $154.7 million for the third quarter, as compared to $155.1 million in the second quarter of 2019;Adjusted net income of $13.0 million for the third quarter, or $0.22 per diluted common share, as compared to $9.0 million, or $0.16 per diluted common share in the second quarter of 2019;Adjusted EBITDA of $118.3 million for the third quarter, as compared to $114.7 million in the second quarter... More