Textainer Group Holdings Limited Reports Fourth-Quarter and Full-Year 2019 Results
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Textainer Group Holdings (TGH) Reports In-Line Q4 EPS
February 11, 2020 4:09 PM ESTTextainer Group Holdings (NYSE: TGH) reported Q4 adj. EPS of $0.19, in-line with the analyst estimate of $0.19.
Net income of $28.8 million for the fourth quarter and $56.7 million for the full year. These figures include a $14.0 million gain recorded during the fourth quarter related to a cash distribution from the Hanjin bankruptcy estate;Adjusted net income of $11.0 million for the fourth quarter, or $0.19 per diluted common share, as compared to $13.0 million, or $0.22 per diluted common share in the third quarter of 2019. Adjusted net income of $55.4 million for the full year, or $0.96 per diluted... More