Trane, Inc. (TT) Tops Q4 EPS by 11c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2020 Results in Challenging Economic Environment
February 5, 2021 6:30 AM ESTHighlights (fourth-quarter 2020 versus fourth-quarter 2019, unless otherwise noted):
GAAP operating margin up 180 bps and adjusted operating margin* up 150 bps GAAP continuing EPS of $1.01; adjusted continuing EPS* of $1.03, up 12 percent GAAP full-year continuing EPS of $4.02; adjusted continuing EPS* of $4.46 Exceptional cash conversion for full-year 2020; cash from continuing operating activities of $1.8 billion; free cash flow* of $1.7 billion, 158 percent of adjusted net earnings**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... More
