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Textainer: 4Q Earnings Snapshot

HAMILTON, Bermuda (AP) _ Textainer Group Holdings Ltd. (TGH) on Tuesday reported fourth-quarter earnings of $28.8 million.

The Hamilton, Bermuda-based company said it had net income of 50 cents per share. Earnings, adjusted for non-recurring gains, came to 19 cents per share.

The shipping container leasing company posted revenue of $151.6 million in the period.

For the year, the company reported profit of $56.7 million, or 99 cents per share. Revenue was reported as $619.8 million.

Textainer shares have decreased nearly 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.86, a fall of 29% 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