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CAI International (NYSE:CAP) announced its earnings results on Tuesday. The company reported $0.63 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.69 by $0.06, American Banking News reports. The company had revenue of $55.31 million for the quarter, compared to the consensus estimate of $56.50 million. During the same quarter in the prior year, the company posted $0.75 earnings per share. The company’s quarterly revenue was up 4.4% on a year-over-year basis.

CAP has been the subject of a number of recent research reports. Analysts at FBR Capital Markets reiterated an “outperform” rating on shares of CAI International in a research note on Monday. Analysts at Jefferies Group reiterated a “buy” rating on shares of CAI International in a research note on Wednesday, April 30th. They now have a $27.00 price target on the stock, up previously from $26.00. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $25.48.

Shares of CAI International (NYSE:CAP) traded down 0.63% on Tuesday, hitting $20.55. 99,433 shares of the company’s stock traded hands. CAI International has a 52-week low of $19.32 and a 52-week high of $25.30. The stock’s 50-day moving average is $21.6 and its 200-day moving average is $22.38. The company has a market cap of $457.1 million and a price-to-earnings ratio of 7.55.

CAI International, Inc is a equipment leasing and management company, operating primarily in the international intermodal marine cargo container leasing business.

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