Recap: Textainer Group Holdings Q3 Earnings

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

Quarterly Results

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

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.