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

Textainer group

02/11/2023 14:12

* Textainer Group Holdings Ltd  TGH.N  reported quarterly
adjusted
earnings of $1.07​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of $1.64.  The mean expectation of
two analysts for the quarter was for earnings of $1.14 per
share. Wall Street expected results to range from $1.13 
to $1.15 per share.
    * Revenue fell 6.2% to $192.50 million from a year ago;
analysts
expected $191.12 million. 
    * Textainer Group Holdings Ltd's reported EPS for the
quarter was
$1.07​.
    * The company reported quarterly net income of $44.68
million.
    * Textainer Group Holdings Ltd shares had risen by 31.8%
this
quarter and gained 58.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the business
support
services peer group is also "hold"

Wall Street's median 12-month price target for Textainer Group
Holdings Ltd is $47.50 
This summary was machine generated from LSEG data November 2 at
02:12 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.14           1.07           Missed
 Jun. 30 2023      1.18           1.20           Beat
 Mar. 31 2023      1.20           1.22           Beat
 Dec. 31 2022      1.43           1.38           Missed