Trane, Inc. (TT) Tops Q2 EPS by 53c, Revenues Beat
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Trane Technologies Reports Second-Quarter 2020 Results
July 29, 2020 6:30 AM EDTHighlights (second quarter 2020 versus second quarter 2019, unless otherwise noted):
Reported bookings of $3.3 billion, reported and organic bookings* down 7 percent Reported revenues of $3.1 billion, reported and organic revenues* down 13 percent GAAP continuing EPS of $1.14; adjusted continuing EPS* of $1.27 Bookings, revenues, EPS heavily impacted by continued impacts from COVID-19 pandemic* This news release contains non-GAAP financial measures. Definitions of the non-GAAP financial measures can be found in the footnotes of this news release. See attached tables for additional details and reconciliations.
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