Textainer Group Q2 Profit Declines - Quick Facts

(RTTNews) - Textainer Group Holdings Limited (TGH) Wednesday reported second-quarter net income attributable to common shareholders of $33.0 million or $0.58 per share, compared to $48.8 million or $0.86 per share in the same period last year.

Adjusted net income for the latest second quarter declined to $40.2 million or $0.70 per share from $46.7 million or $0.82 per share in the year-ago period.

On average, 11 analysts polled by Thomson Reuters expected the company to earn $0.73 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues improved 7.3 percent to $139.54 million from $130.08 million last year, while ten analysts expected revenues of $136.44 million.