Triton International Limited (TRTN) Tops Q1 EPS by 17c, Revenues Miss
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Triton International Reports First Quarter 2021 Results and Declares Quarterly Dividend
April 29, 2021 6:30 AM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- April 29, 2021 Triton International Limited (NYSE: TRTN) ("Triton")
Highlights:
Net income attributable to common shareholders for the three months ended March 31, 2021 was $129.3 million or $1.92 per diluted share. Adjusted net income was $128.7 million or $1.91 per diluted share, an increase of 105.4% from the first quarter of 2020 and 12.4% from the fourth quarter of 2020. Trade volumes and container demand were exceptionally strong in the first quarter. Utilization increased 0.4% during the quarter to reach 99.3% as of March 31, 2021. Utilization was 99.4% as of April... More