|Bid||0.00 x 800|
|Ask||0.00 x 900|
|Day's Range||37.43 - 38.90|
|52 Week Range||19.80 - 41.54|
|Beta (5Y Monthly)||1.61|
|PE Ratio (TTM)||10.92|
|Earnings Date||Oct 23, 2020|
|Forward Dividend & Yield||2.08 (5.44%)|
|Ex-Dividend Date||Sep 09, 2020|
|1y Target Est||46.00|
Triton's (TRTN) Q3 results benefit from an increase in trade volumes and container demand with easing coronavirus-led restrictions. On another positive note, the company hikes dividend by nearly 10%.
Joining me on this morning's call from Triton is Brian Sondey, our CEO; and John O'Callaghan, our Head of Global Marketing and Operations. Before I turn the call over to Brian, I would like to note that our prepared remarks will follow along a presentation that can be found in the investors section of our website under Investor Presentations.
Shares of Triton International (NYSE:TRTN) were flat in pre-market trading after the company reported Q3 results.Quarterly Results Earnings per share decreased 1.72% over the past year to $1.14, which beat the estimate of $1.06.Revenue of $327,757,000 decreased by 2.65% year over year, which missed the estimate of $335,300,000.Looking Ahead Q4 EPS expected between $1.43 and $1.43.Triton International hasn't issued any revenue guidance for the time being.Conference Call Details Date: Oct 23, 2020View more earnings on TRTNTime: 08:30 AMET Webcast URL: https://edge.media-server.com/mmc/p/jzimfteuTechnicals Company's 52-week high was at $41.54Company's 52-week low was at $19.80Price action over last quarter: Up 4.89%Company Description Triton International Ltd operates as a lessor of intermodal containers. It also leases chassis which are used for the transportation of containers. The operating segments are Equipment leasing and Equipment trading. It has a presence in Asia, Europe, America, Bermuda, and Other countries. The company leases equipment such as Dry freight, Refrigerated, Special, Chassis, and Tank containers. The majority of the revenue is generated from the Equipment leasing segment.See more from Benzinga * Options Trades For This Crazy Market: Get Benzinga Options to Follow High-Conviction Trade Ideas * Earnings Scheduled For October 23, 2020 * Triton International Earnings Preview(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.