Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Textainer Group Holdings Limited's Results Improve and Outlook Is Brightening

TheMotleyFool

0 0

Textainer Group Holdings Limited's Results Improve and Outlook Is Brightening

The container shipping market is slowly coming out of its cyclical downturn, which is starting to drive a noticeable improvement in Textainer Group Holdings Limited's (NYSE: TGH) financial results. While the company has yet to return to profitability, revenue is heading higher due to improvements in utilization, lease rates, and container prices. Given current market trends, the company expects further improvement in its business this year, and should be back in the black in the second half.

Metric

Q2 2017

Source: Fool.com