Trane, Inc. (TT) Tops Q3 EPS by 37c, Revenues Beat
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Trane Technologies Reports Strong Third-Quarter 2020 Results In Challenging Economic EnvironmentÂ
October 28, 2020 6:30 AM EDTHighlights (third quarter 2020 versus third quarter 2019, unless otherwise noted):
Reported bookings of $3.5 billion, reported and organic bookings* up 7 percent Reported revenues of $3.5 billion, reported revenues up 1 percent; organic revenues* up 50 bps GAAP operating margin up 70 bps; adjusted operating margin* up 80 bps GAAP continuing EPS of $1.67; adjusted continuing EPS* of $1.72, up 6 percent Y-T-D cash from continuing operating activities and free cash flow* of $1.1 billion*This news release contains non-GAAP financial measures. Definitions of the non-GAAP financial... More
