secwatch.observer — SEC 8-K summary
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Issuer:     Triton International Ltd (TRTN-PA)
CIK:        0001660734
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001660734-23-000057
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Triton Q1 net income $136.8M ($2.44 EPS), down 12% YoY; utilization 97.6%
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- Net income $136.8M ($2.44 diluted EPS), down 12.2% YoY; adjusted net income $136.1M ($2.42 adjusted EPS), down 12.3% YoY.
- Total leasing revenues $397.7M, down 4.7% from Q1 2022 ($417.1M) and 4.5% from Q4 2022 ($416.3M).
- Average container utilization 97.6% in Q1, 97.1% as of April 25; share repurchase of 1.7M shares in Q1, program suspended due to pending acquisition.
- Agreement to be acquired by Brookfield Infrastructure announced April 12, expected close Q4 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1660734/000166073423000057/0001660734-23-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1660734/000166073423000057/trtn-20230502.htm
  HTML page:      https://secwatch.observer/filing/0001660734-23-000057

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