Triton: 1Q Earnings Snapshot

Triton: 1Q Earnings Snapshot

Associated Press
0
In this article:

HAMILTON, Bermuda (AP) _ Triton International Ltd. (TRTN) on Tuesday reported first-quarter net income of $92.2 million.

On a per-share basis, the Hamilton, Bermuda-based company said it had profit of $1.17. Earnings, adjusted for non-recurring costs, came to $1.19 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.

The shipping container leasing company posted revenue of $340.9 million in the period.

Triton shares have increased 5.5% since the beginning of the year. The stock has risen 4.5% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRTN at https://www.zacks.com/ap/TRTN

Advertisement

Recommended Stories