Trane Technologies (TT) Tops Q1 EPS by 7c; Lifts Outlook

Trane Technologies (NYSE: TT) reported Q1 EPS of $1.41, $0.07 better than the analyst estimate of $1.34. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.64 billion.

GUIDANCE:

Trane Technologies sees FY2023 EPS of $8.30-$8.50, versus the consensus of $8.40. The Company expects full-year reported revenue growth of approximately 9 percent to 10 percent; organic revenue growth of approximately 7 percent to 8 percent versus full-year 2022.

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

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