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Trane Technologies' Q3 Adjusted Earnings, Revenue Increase; Full-Year Outlook Raised
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Trane Technologies' Q3 Adjusted Earnings, Revenue Increase; Full-Year Outlook Raised
Oct 30, 2024 4:40 AM

07:05 AM EDT, 10/30/2024 (MT Newswires) -- Trane Technologies ( TT ) reported Q3 adjusted earnings Wednesday of $3.37 per diluted share, up from $2.79 a year earlier.

Analysts polled by Capital IQ expected $3.24.

Revenue for the quarter ended Sept. 30 was $5.44 billion, compared with $4.88 billion a year earlier.

Analysts polled by Capital IQ expected $5.32 billion.

The company now expects full-year adjusted EPS of about $11.10, up from its previous $10.80 estimate, and about 11% in revenue growth, from a forecast of 10% previously. Analysts polled by Capital IQ expect $10.91 in adjusted EPS on revenue of $19.57 billion.

Price: 395.00, Change: +4.41, Percent Change: +1.13

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