Textainer Group Holdings Limited Reports Second-Quarter 2020 Results
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Textainer Group Holdings (TGH) Tops Q2 EPS by 23c
August 13, 2020 4:07 PM EDTTextainer Group Holdings (NYSE: TGH) reported Q2 EPS of $0.28, $0.23 better than the analyst estimate of $0.05. Revenue for the quarter came in at $144.77 million versus the consensus estimate of $143.3 million.
"We are pleased with our performance in the second quarter, which proved resilient in spite of the global economic downturn. For the quarter, we delivered stable lease rental income of $144.8 million and adjusted EBITDA of $110.0 million, while improving our adjusted net income to $14.8 million," stated Olivier Ghesquiere, President and Chief Executive Officer of Textainer Group Holdings Limited.
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