Textainer reports 4Q loss

HAMILTON, Bermuda (AP) _ Textainer Group Holdings Ltd. (TGH) on Thursday reported a fourth-quarter loss of $346,000, after reporting a profit in the same period a year earlier.

On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 1 cent. Losses, adjusted for non-recurring gains, came to 24 cents per share.

The shipping container leasing company posted revenue of $120.1 million in the period.

For the year, the company reported a loss of $50.7 million, or 89 cents per share, swinging to a loss in the period. Revenue was reported as $498.2 million.

Textainer shares have more than doubled since the beginning of the year. The stock has risen 67 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TGH at https://www.zacks.com/ap/TGH

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Keywords: Textainer Group, Earnings Report