Textainer Group Holdings Ltd reports results for the quarter ended in March - Earnings Summary

Textainer group

02/05/2023 14:31

* Textainer Group Holdings Ltd  TGH.N  reported quarterly
adjusted
earnings of $1.22​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of $1.20 per share.
    * Revenue fell 1.9% to $194.90 million from a year ago;
analysts
expected $195.66 million. 
    * Textainer Group Holdings Ltd's reported EPS for the
quarter was
$1.22​.
    * The mean earnings estimate of analysts had fallen by
about 15.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Textainer Group Holdings Ltd shares had risen by 9.7% this
quarter and gained 13.5% so far this year.
    * The company reported quarterly net income of $53.63
million.
    * Wall Street's median 12-month price target for Textainer
Group
Holdings Ltd is $48.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.20           1.22           Beat
 Dec. 31 2022      1.43           1.38           Missed
 Sep. 30 2022      1.51           1.64           Beat
 Jun. 30 2022      1.42           1.63           Beat