Triton International Limited (NYSE:TRTN) 2Q20 Earnings Outplay Street Estimates

Triton International Limited (NYSE:TRTN) came out with its second quarter earnings results on Friday 24th July 2020 before market open.

Triton International Limited came out with quarterly income of $ 0.86 per share, from the revenue of $ 321.40 million. On adjusted basis, the firm reported income for the quarter of $ 0.86 per share.

The consensus estimate are $ 0.78 income per share from revenues of $ 309.50 million.

The second quarter financial report outlined, earnings beat street analysts by $ 0.08 or 10.26 percent, where as revenues outshined analysts estimates by $ 11.90 million or 3.84 percent.

On the other hand, The quarterly earnings dropped 23.21 percent compared with the same quarter last year, at the same time revenues down 5.07 percent versus second quarter of last year.

The Board of Directors announced a quarterly dividend of $0.52 per common share payable on September 24, 2020 to shareholders of record as of September 10, 2020.

Exit mobile version