Textainer Group Holdings Ltd TGH.N reported quarterly adjusted earnings of $1.13 per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of $1.38. The mean expectation of two analysts for the quarter was for earnings of $1.05 per share. Wall Street expected results to range from 96 cents to $1.14 per share.
Revenue fell 6% to $190.83 million from a year ago; analysts expected $192.76 million.
Textainer Group Holdings Ltd's reported EPS for the quarter was 84 cents.
The company reported quarterly income of $35.16 million.
Textainer Group Holdings Ltd shares had risen by 1.1% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been 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 "strong buy" or "buy," 2 "hold" and "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 $50.00
This summary was machine generated from LSEG data February 13 at 03:11 p.m. UTC. 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)
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Dec. 31 2023 |
1.05 |
1.13 |
Beat |
Sep. 30 2023 |
1.14 |
1.07 |
Missed |
Jun. 30 2023 |
1.18 |
1.20 |
Beat |
Mar. 31 2023 |
1.20 |
1.22 |
Beat |