Textainer Touts Resiliency In A "Lackluster Market Environment"
The container lessor Textainer Group Holdings Ltd . (NYSE: TGH ) reported net income of $10.6 million in the quarter ending Sept. 30 compared to $1.9 million in the same 2018 period. Lease rental income for owned and managed containers was $154.7 million in the third quarter this year, down from $157.8 million in the third quarter of 2018. "Textainer's performance was resilient in a generally lackluster market environment," said Olivier Ghesquiere, president and chief executive officer. "Market activity remained slow in the third quarter, as the traditional peak season did not materialize given the ongoing trade … Full story available on Benzinga.com
Textainer Touts Resiliency In A "Lackluster Market Environment"
The container lessor Textainer Group Holdings Ltd . (NYSE: TGH ) reported net income of $10.6 million in the quarter ending Sept. 30 compared to $1.9 million in the same 2018 period. Lease rental income for owned and managed containers was $154.7 million in the third quarter this year, down from $157.8 million in the third quarter of 2018. "Textainer's performance was resilient in a generally lackluster market environment," said Olivier Ghesquiere, president and chief executive officer. "Market activity remained slow in the third quarter, as the traditional peak season did not materialize given the ongoing trade … Full story available on Benzinga.com