Textainer: 3Q Earnings Snapshot
Posted Nov 12, 2020 05:05:04 PM.
Last Updated Nov 12, 2020 05:16:41 PM.
HAMILTON, Bermuda (AP) _ Textainer Group Holdings Ltd. (TGH) on Thursday reported third-quarter net income of $17 million.
On a per-share basis, the Hamilton, Bermuda-based company said it had net income of 32 cents. Earnings, adjusted for non-recurring costs, came to 41 cents per share.
The shipping container leasing company posted revenue of $149.1 million in the period.
Textainer shares have increased 48% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $15.88, a rise of 68% 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
The Associated Press
