Triton International Limited (TRTN) Tops Q2 EPS by 24c

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Go back to Triton International Limited (TRTN) Tops Q2 EPS by 24c

Triton International Reports Second Quarter 2022 Results and Declares Quarterly Dividends

July 28, 2022 6:30 AM EDT

HAMILTON, Bermuda--(BUSINESS WIRE)-- July 28, 2022 Triton International Limited (NYSE: TRTN) ("Triton")

Highlights:

Net income attributable to common shareholders for the three months ended June 30, 2022 was $184.6 million or $2.90 per diluted share. Adjusted net income was $186.0 million or $2.92 per diluted share, an increase of 36.4% from the second quarter of 2021 and 5.8% from the first quarter of 2022. Container utilization remains exceptionally high. Utilization averaged 99.4% in the second quarter of 2022 and ending utilization was 99.3% as of July 26, 2022. Triton repurchased 1.8 million common shares... More