Textainer Group Holdings: Q2 Earnings Insights

Shares of Textainer Group Holdings TGH were flat after the company reported Q2 results.

Quarterly Results

Earnings per share increased 75.00% over the past year to $0.28, which beat the estimate of $0.05.

Revenue of $144,774,000 decreased by 6.66% from the same period last year, which beat the estimate of $143,300,000.

Guidance

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

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Aug 13, 2020

Time: 05:00 PM

ET Webcast URL: http://public.viavid.com/player/index.php?id=140848

Recent Stock Performance

52-week high: $11.75

52-week low: $5.50

Price action over last quarter: Up 14.27%

Company Overview

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.