Triton International Limited (TRTN) Raises Quarterly Dividend 9.6% to $0.57; 6.2% Yield
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Triton International Limited (TRTN) Tops Q3 EPS by 8c, Revenues Miss
October 23, 2020 6:34 AM EDTTriton International Limited (NYSE: TRTN) reported Q3 EPS of $1.14, $0.08 better than the analyst estimate of $1.06. Revenue for the quarter came in at $327.8 million versus the consensus estimate of $335.3 million.
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... More