Textainer: 1Q Earnings Snapshot

Textainer: 1Q Earnings Snapshot

In this article:

HAMILTON, Bermuda (AP) _ Textainer Group Holdings Ltd. (TGH) on Thursday reported first-quarter profit of $17.1 million.

The Hamilton, Bermuda-based company said it had net income of 30 cents per share. Earnings, adjusted for non-recurring costs, came to 39 cents per share.

The shipping container leasing company posted revenue of $155.5 million in the period.

Textainer shares have decreased roughly 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.47, a decline of 41% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TGH at https://www.zacks.com/ap/TGH

Advertisement