Trane Technologies (TT) Tops Q1 EPS by 29c, provides guidance

Trane Technologies (NYSE: TT) reported Q1 EPS of $1.94, $0.29 better than the analyst estimate of $1.65. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $3.99 billion.

GUIDANCE:

Trane Technologies sees Q2 2024 EPS of $10.40-$10.50, versus the consensus of $10.26.
The Company expects full-year reported and organic revenue growth of 8 to 9 percent; reported revenue growth includes approximately 1 percentage point of M&A offset by approximately 1 percentage point of negative foreign exchange.

For earnings history and earnings-related data on Trane Technologies (TT) click here.

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