Market Overview

Triton International: Q2 Earnings Insights

Share:

Shares of Triton International (NYSE:TRTN) were unchanged in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 25.22% over the past year to $0.86, which beat the estimate of $0.78.

Revenue of $321,397,000 declined by 5.07% from the same period last year, which beat the estimate of $309,500,000.

Outlook

Triton International hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jul 24, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/f4tve5a9

Price Action

Company's 52-week high was at $40.81

52-week low: $19.80

Price action over last quarter: Up 1.08%

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.

 

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Posted-In: Earnings News