Triton International Limited (TRTN) Tops Q3 EPS by 8c, Revenues Miss

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Go back to Triton International Limited (TRTN) Tops Q3 EPS by 8c, Revenues Miss

Triton International Reports Third Quarter 2020 Results and Increases Quarterly Dividend

October 23, 2020 6:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- October 23, 2020 Triton International Limited (NYSE: TRTN) ("Triton")

Highlights:

Net income attributable to common shareholders for the three months ended September 30, 2020 was $45.9 million or $0.67 per diluted share, which includes a $24.3 million write off of unamortized debt and other costs related to the prepayment of ABS notes and other facilities and $8.6 million non-cash tax expense related to an intra-entity transfer of assets. Adjusted net income was $78.1 million or $1.14 per diluted share, an increase of 32.6% from the second quarter of... More