earnings
confidence high
sentiment positive
materiality 0.75
Triton International Q3 net income $176.8M ($2.88 EPS); raises dividend 7.7% to $0.70
Triton International Ltd
2022-Q1 EPS reported
$8.56
revenue$127,014,000
- Net income $176.8M ($2.88 diluted EPS) vs $123.0M ($1.83) in Q3 2021; adjusted net income $176.5M, up 18.5% YoY.
- Total leasing revenues $424.7M, up from $400.2M in Q3 2021; utilization averaged 99.1% for the quarter.
- Triton repurchased 3.2M shares in Q3 and an additional 0.9M through Oct 26; share repurchase authorization increased to $200M.
- Quarterly dividend raised by $0.05 to $0.70 per share, payable Dec 22, 2022 to holders of record Dec 8, 2022.