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Textainer: 3Q Earnings Snapshot

HAMILTON, Bermuda (AP) _ Textainer Group Holdings Ltd. (TGH) on Friday reported third-quarter net income of $1.9 million.

The Hamilton, Bermuda-based company said it had net income of 3 cents per share. Earnings, adjusted for asset impairment costs and non-recurring costs, came to 39 cents per share.

The shipping container leasing company posted revenue of $149.4 million in the period.

Textainer shares have dropped 44 percent since the beginning of the year. The stock has decreased 36 percent 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