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Triton (TRTN) second-quarter 2023 earnings and revenues fall year over year.
Triton International (TRTN) came out with quarterly earnings of $2.38 per share, beating the Zacks Consensus Estimate of $2.29 per share. This compares to earnings of $2.92 per share a year ago.
Despite the bearish sentiment associated with the Zacks Transportation - Equipment and Leasing industry, we advise betting on fundamentally sound companies like TRTN and TGH.
We are impressed by Triton's (TRTN) impactful liquidity position and efforts to reward shareholders.
Triton (TRTN) reported earnings 30 days ago. What's next for the stock?
Here we pick three stocks, Triton (TRTN), Air Lease (AL) and Ryder (R), from the Transportation - Equipment and Leasing industry, with a solid five-year dividend growth history.
Triton (TRTN) first-quarter 2023 earnings and revenues fall year over year.
Triton International (TRTN) came out with quarterly earnings of $2.42 per share, beating the Zacks Consensus Estimate of $2.25 per share. This compares to earnings of $2.76 per share a year ago.
The deal is expected to be a lucrative offer fro Triton's (TRTN) shareholders.
Brookfield Infrastructure Partners has agreed to acquire Triton for $13.3 billion, including assumed debt. The offer price is a premium of more than 30% over where Triton traded yesterday.