Triton International Limited (TRTN) Tops Q2 EPS by 8c, Revenues Beat

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Go back to Triton International Limited (TRTN) Tops Q2 EPS by 8c, Revenues Beat

Triton International Reports Second Quarter 2020 Results and Declares Quarterly Dividends

July 24, 2020 6:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- July 24, 2020 Triton International Limited (NYSE: TRTN) ("Triton")

Highlights:

Net income attributable to common shareholders was $60.1 million or $0.86 per diluted share. Adjusted net income was $60.0 million or $0.86 per diluted share, a decrease of 25.2% per diluted share from the second quarter of 2019. Utilization averaged 95.0% in the second quarter of 2020. Utilization was 94.8% as of June 30, 2020 and was 95.0% as of July 22, 2020. Triton repurchased 2.1 million common shares during the second quarter, and has repurchased an additional 0.3 million common shares through... More