Triton International Limited (TRTN) Tops Q1 EPS by 13c

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Triton International Reports First Quarter 2022 Results and Declares Quarterly Dividends

May 3, 2022 6:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- May 3, 2022 Triton International Limited (NYSE: TRTN) ("Triton")

Highlights:

Net income attributable to common shareholders for the three months ended March 31, 2022 was $181.2 million or $2.78 per diluted share. Adjusted net income was $179.6 million or $2.76 per diluted share, an increase of 44.5% from the first quarter of 2021 and 3.4% from the fourth quarter of 2021. Container utilization remains exceptionally high. Utilization averaged 99.6% in the first quarter of 2022 and ending utilization was 99.5% as of April 29,... More