CAI International: 4Q Earnings Snapshot

·1 min read

SAN FRANCISCO (AP) _ CAI International Inc. (CAI) on Tuesday reported fourth-quarter profit of $14.2 million.

On a per-share basis, the San Francisco-based company said it had net income of 67 cents. Earnings, adjusted for one-time gains and costs, came to $1.76 per share.

The transportation finance and logistics company posted revenue of $81.6 million in the period.

For the year, the company reported profit of $27.7 million, or $1.06 per share. Revenue was reported as $294 million.

CAI International shares have risen 22% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $38.13, an increase of 33% in the last 12 months.


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