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CAI International (NYSE: CAI) announces its next round of earnings this Thursday, August 06. Here is Benzinga's everything-that-matters guide for this Thursday's Q2 earnings announcement.
Earnings and Revenue
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CAI International earnings will be near $0.45 per share on sales of $103.05 million, according to analysts. CAI International earnings in the same period a year ago was $0.690 per share. Quarterly sales came in at $105.58 million. The Wall Street consensus estimate for earnings would represent a 34.78% decrease for the company. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.50 | 0.67 | 0.70 | 0.86 |
| EPS Actual | 0.67 | 0.54 | 0.74 | 0.69 |
| Revenue Estimate | 97.98 M | 107.46 M | 108.02 M | 116.65 M |
| Revenue Actual | 105.02 M | 103.42 M | 107.57 M | 105.58 M |
Stock Performance
Over the last 52-week period, shares are down 11.08%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. CAI International is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/g6wo3oeq
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.