XTRA CORP /DE/
10-Q/A, 1996-02-28
EQUIPMENT RENTAL & LEASING, NEC
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<PAGE>   1

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-Q/A

                QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


For quarterly period ended                     December 31, 1995
                          -----------------------------------------------------
Commission File Number                            1-7654
                      ---------------------------------------------------------

                                XTRA CORPORATION
- -------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)

           DELAWARE                                              06-0954158
- -------------------------------                             -------------------
(State or other jurisdiction of                              (I.R.S. Employer
incorporation or organization)                              Identification No.)



                60 State Street, Boston, Massachusetts  02109
- -------------------------------------------------------------------------------
                   (Address of principal executive offices)

                                (617) 367-5000
- -------------------------------------------------------------------------------
             (Registrant's telephone number, including area code)

                                      N/A
- -------------------------------------------------------------------------------
             (Former name, former address and former fiscal year,
                        if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.

                               Yes    X          No
                                     ---

Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

         Class                                 Outstanding at February 6, 1996
- -----------------------                        -------------------------------
Common Stock, Par Value                                   16,028,167
    $.50 Per Share


<PAGE>   2


This Form 10-Q/A is filed for the period ended December 31, 1995 to correct
Exhibit 27 (Financial Data Schedule) to the Form 10-Q for such period filed
by the Registrant on February 14, 1996. Attached is the amended Exhibit 27.








<PAGE>   3
                                   SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                        XTRA CORPORATION
                                ---------------------------------
                                          (Registrant)


Date: February 28, 1996             /s/ Michael J. Soja
     ------------------         ---------------------------------
                                        Michael J. Soja
                                        Vice President and
                                          Chief Financial Officer


Date: February 28, 1996             /s/ Robert B. Blakeley
     ------------------         ---------------------------------
                                        Robert B. Blakeley
                                        Controller and
                                          Chief Accounting Officer


<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED CONDENSED FINANCIAL STATEMENTS OF XTRA CORPORATION FOR THE PERIOD
ENDED DECEMBER 31, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          SEP-30-1996
<PERIOD-START>                             OCT-01-1995
<PERIOD-END>                               DEC-31-1995
<EXCHANGE-RATE>                                      1
<CASH>                                         700,000
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                   1,918,300,000
<DEPRECIATION>                             505,000,000
<TOTAL-ASSETS>                           1,542,400,000
<CURRENT-LIABILITIES>                                0
<BONDS>                                    913,500,000
<COMMON>                                     8,200,000
                                0
                                          0
<OTHER-SE>                                 349,300,000
<TOTAL-LIABILITY-AND-EQUITY>             1,542,400,000
<SALES>                                              0
<TOTAL-REVENUES>                           112,200,000
<CGS>                                                0
<TOTAL-COSTS>                               71,700,000
<OTHER-EXPENSES>                               400,000
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                          16,700,000
<INCOME-PRETAX>                             23,400,000
<INCOME-TAX>                                 9,500,000
<INCOME-CONTINUING>                         13,900,000
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                13,900,000
<EPS-PRIMARY>                                      .85
<EPS-DILUTED>                                      .85
        

</TABLE>


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