Triton International Limited (TRTN) 2Q20 Earnings Sneak Preview

Triton International Limited (NYSE:TRTN) largest owner-lessor of marine intermodal cargo containers, is reporting second quarter earnings results on Friday 24th July 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 0.78 per share.

For the full year, analysts predict revenues of $ 1234.45 million, while looking forward to income of $ 3.31 per share.

Previous Quarter Performance

Triton International Limited communicated income for the first quarter of $ 0.93 per share, from the revenue of $ 321.47 million. The quarterly earnings down 21.85 percent while revenues fell 6.77 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.94 per share from $ 323.83 million in revenue. The bottom line results missed street analysts by $ 0.0099999999999999 or 1.06 percent, at the same time, top line results fell short of analysts by $ 2.36 million or 0.73 percent.

Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!

Click Here For More Historical Earnings Of Triton International Limited

Stock Performance

According to the previous trading day, closing price of TRTN was $ 30.01, representing a 51.57 % increase from the 52 week low of $ 19.80 and a 26.46 % decrease over the 52 week high of $ 40.81.

The company has a market capital of $ 2.11 billion and is part of the Industrials sector and Rental & Leasing Services industry.

[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”TRTN” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]

Recent Stock Dividend Announcement

On April 24, 2020, the board of directors authorized quarterly dividend of $ 0.52 per share to holders of record as of the close of business on June 11, 2020, with payment date of June 25, 2020 and ex-dividend date on June 10, 2020.

Conference Call

Triton International Limited will be hosting a conference call at 8:30 AM eastern time on 24th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.trtn.com

Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal transportation equipment to shipping lines, and freight forwarding companies and manufacturers. It operates in two segments, Equipment Leasing and Equipment Trading. The company primarily leases dry, refrigerated, special, and tank containers; and chassis used for the transportation of intermodal containers, as well as provides container management services.

Exit mobile version