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Textainer: 2Q Earnings Snapshot

HAMILTON, Bermuda (AP) _ Textainer Group Holdings Ltd. (TGH) on Tuesday reported second-quarter profit of $314,000.

The Hamilton, Bermuda-based company said it had profit of 1 cent per share. Earnings, adjusted for non-recurring costs, were 16 cents per share.

The shipping container leasing company posted revenue of $155.1 million in the period.

Textainer shares have dropped 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.16, a decrease of 43% in the last 12 months.

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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