CAI International (CAI) Tops Q4 EPS by 63c

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CAI International, Inc. Reports Record Fourth Quarter Results and Full Year 2020 Results, Announces Increase in its Quarterly Dividend and Expands its Share Repurchase Program

February 16, 2021 4:05 PM EST

SAN FRANCISCO--(BUSINESS WIRE)-- CAI International, Inc. (CAI or the Company) (NYSE: CAI), one of the worlds leading transportation finance companies, today reported results for the fourth quarter and full year of 2020.

Highlights

Net income from continuing operations attributable to CAI common stockholders for the fourth quarter of 2020 was a record $32.5 million, or $1.81 per fully diluted share. Adjusted net income from continuing operations attributable to CAI common stockholders1 for the fourth quarter of 2020 was also a record at $31.6 million, or $1.76 per fully diluted... More