Triton International Limited (TRTN) Tops Q1 EPS by 13c, Revenues Miss
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Triton International Reports First Quarter 2019 Results: Adjusted EPS of $1.19, Quarterly Dividend of $0.52, and New $200 Million Share Repurchase Authorization
April 30, 2019 6:30 AM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Triton International Limited (NYSE: TRTN) ("Triton")
First Quarter Highlights:
Adjusted net income was $92.8 million or $1.19 per diluted share, an increase of 20.2% per diluted share from the first quarter of 2018 and a decrease of 4.8% per diluted share from the fourth quarter of 2018. Tritons first quarter results included several non-recurring items which in total contributed $0.04 per share. Net income attributable to common shareholders was $91.9 million or $1.17 per diluted share. Utilization averaged 97.6% in the first quarter of 2019.... More