Textainer Group Holdings Ltd expected to post earnings of $1.05 a share - Earnings Preview

Textainer group

09/02/2024 13:54

* Textainer Group Holdings Ltd  TGH.N   TGH  is expected
to show a
fall in quarterly revenue when it reports  results on February
12 (estimated) for the period ending December 31 2023
    * The Hamilton Bermuda-based   company is expected to report
a
5.0% decrease in revenue to $192.757 million from $202.91
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total leasing revenue)
    * ​LSEG's mean analyst estimate for Textainer Group Holdings
Ltd
is for earnings of $1.05 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Textainer
Group
Holdings Ltd is $50.00​, above​ its last closing price
of $49.68. ​​​

This summary was machine generated February 9 at 13:54 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)