Triton: Q4 Earnings Snapshot
Triton International Ltd. (TRTN) on Tuesday reported fourth-quarter net income of $165.2 million. On a per-share basis, the Hamilton, Bermuda-based company said it had profit of $2.61. Earnings, adjusted for non-recurring costs, came to $2.76 per share
HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Triton International Ltd. (TRTN) on Tuesday reported fourth-quarter net income of $165.2 million.
On a per-share basis, the Hamilton, Bermuda-based company said it had profit of $2.61. Earnings, adjusted for non-recurring costs, came to $2.76 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.70 per share.
The shipping container leasing company posted revenue of $416.3 million in the period.
For the year, the company reported profit of $746.9 million, or $11.19 per share. Revenue was reported as $1.68 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a TRTN">Zacks stock report on TRTN at https://www.zacks.com/ap/TRTN
