Triton International Limited (TRTN) to Release Quarterly Earnings on Wednesday
Triton International Limited (NASDAQ:TRTN) will issue its quarterly earnings data after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of $0.72 per share for the quarter.
Triton International Limited (NASDAQ:TRTN) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.59 by $0.04. The company had revenue of $281.90 million for the quarter, compared to analyst estimates of $281.09 million. Triton International Limited’s quarterly revenue was up 78.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.88 EPS. On average, analysts expect Triton International Limited to post $2.57 EPS for the current fiscal year and $3.45 EPS for the next fiscal year.
Shares of Triton International Limited (TRTN) opened at 39.90 on Wednesday. Triton International Limited has a 12-month low of $11.50 and a 12-month high of $40.51. The firm has a market cap of $2.97 billion and a P/E ratio of 56.28. The firm’s 50-day moving average price is $35.31 and its 200 day moving average price is $33.12.
In other news, VP Michelle Gallagher sold 1,000 shares of the firm’s stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $40.00, for a total transaction of $40,000.00. Following the sale, the vice president now owns 23,158 shares of the company’s stock, valued at $926,320. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Several equities analysts have weighed in on the company. BidaskClub lowered Triton International Limited from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Wells Fargo & Company increased their target price on Triton International Limited from $39.00 to $42.00 and gave the company an “outperform” rating in a research note on Friday, October 20th. Zacks Investment Research raised Triton International Limited from a “hold” rating to a “buy” rating and set a $40.00 target price on the stock in a research note on Thursday, July 27th. Cowen and Company reissued a “buy” rating and issued a $44.00 target price (up previously from $40.00) on shares of Triton International Limited in a research note on Thursday, August 10th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $35.00 target price on shares of Triton International Limited in a research note on Thursday, August 10th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $39.50.
Receive News & Ratings for Triton International Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Triton International Limited and related companies with MarketBeat.com's FREE daily email newsletter.