TAL International Q3 Profit Matches Estimates - Quick Facts

(RTTNews) - TAL International Group, Inc. (TAL), one of the world's largest lessors of intermodal freight containers and chassis, reported that its third-quarter net income decreased to $32.62 million or $0.97 per share, from $34.66 million or $1.03 per share, last year. Adjusted net income was $32.37 million or $0.96 per share, for the quarter.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.96 for the quarter. Analysts' estimates typically exclude special items.

Total leasing revenues increased to $150.52 million from $144.44 million, a year ago. Analysts expected revenue of $162.71 million for the quarter. TAL's Board has approved and declared a $0.72 per share quarterly cash dividend on its issued and outstanding common stock, payable on December 23, 2014 to shareholders of record at the close of business on December 2, 2014.