07:05 AM EDT, 07/31/2024 (MT Newswires) -- Trane Technologies ( TT ) reported Q2 adjusted earnings Wednesday of $3.30 per diluted share, up from $2.68 a year earlier.

Analysts polled by Capital IQ expected $3.08.

Net revenue for the quarter ended June 30 was $5.31 billion, compared with $4.71 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.13 billion.

The company said it expects full-year 2024 adjusted EPS of about $10.80. This compares with the prior guidance range of $10.40 to $10.50. Analysts surveyed by Capital IQ expect $10.54.

Revenue growth for the current year is now projected to be about 10%, compared with 8% to 9% expected previously.

Shares of Trane Technologies ( TT ) rose more than 3% in recent premarket activity on Wednesday.

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