Triton: 2Q Earnings Snapshot
HAMILTON, Bermuda (AP) _ Triton International Ltd. (TRTN) on Thursday reported second-quarter profit of $86.1 million.
The Hamilton, Bermuda-based company said it had profit of $1.12 per share. Earnings, adjusted for non-recurring costs, were $1.15 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The shipping container leasing company posted revenue of $338.6 million in the period.
Triton shares have risen 10% since the beginning of the year. The stock has climbed 11% in the last 12 months.