CAI International (CAI) Misses Q4 EPS by 7c

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CAI International, Inc. Reports Results for the Fourth Quarter and Full Year of 2019

March 5, 2020 4:00 PM EST

SAN FRANCISCO--(BUSINESS WIRE)-- CAI International, Inc. (CAI or the Company) (NYSE: CAI), one of the worlds leading transportation finance and logistics companies, today reported results for the fourth quarter and full year of 2019.

Summary

Net income attributable to CAI common stockholders for the fourth quarter of 2019 was $10.5 million, or $0.60 per fully diluted share. Net income from continuing operations attributable to CAI common stockholders for the year ended December 31, 2019 was $42.2 million, or $2.34 per fully diluted share. Average utilization for CAIs owned container fleet during the... More