Triton International Limited (TRTN) Tops Q1 EPS by 7c, Miss on Revenues

Triton International Limited (NYSE: TRTN) reported Q1 EPS of $0.99, $0.07 better than the analyst estimate of $0.92. Revenue for the quarter came in at $315.1 million versus the consensus estimate of $329.7 million.

First Quarter Highlights:

• Triton reported Net income attributable to shareholders of $80.9 million.
• Triton reported Adjusted net income of $79.8 million or $0.99 per diluted share.
• Container pick-up activity was solid and drop-offs were exceptionally low leading to average utilization of 98.6% for the first quarter of 2018.
• Triton announced a quarterly dividend of $0.52 per share payable on June 22, 2018 to shareholders of record as of June 1, 2018.

For earnings history and earnings-related data on Triton International Limited (TRTN) click here.

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