Recap: Textainer Group Holdings Q3 Earnings


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Shares of Textainer Group Holdings (NYSE:TGH) were unchanged in after-market trading after the company reported Q3 results.

Quarterly Results

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Earnings per share were up 86.36% year over year to $0.41, which beat the estimate of $0.35.

Revenue of $149,130,000 decreased by 3.58% year over year, which missed the estimate of $149,500,000.

Looking Ahead

Textainer Group Holdings hasn't issued any earnings guidance for the time being.

Textainer Group Holdings hasn't issued any revenue guidance for the time being.

Conference Call Details


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Date: Nov 12, 2020

Time: 05:00 PM

ET Webcast URL: https://investor.textainer.com/

Technicals

52-week high: $17.33

Company's 52-week low was at $5.50

Price action over last quarter: Up 29.53%

Company Description

Textainer Group Holdings Ltd is an intermodal container leasing company providing customers globally including international shipping lines and other leases. The firm's operating segments are Container Ownership, Container Management and Container Resale. It generates a majority of its revenue from the Container Management segment. Geographically, the firm has operational footprints in Asia, Europe, North/South America, and other international countries, It generates a majority of its revenue from Asia.


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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.


Posted In: Earnings