Trane, Inc. (TT) Tops Q2 EPS by 3c, Offers Guidance
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Trane Technologies Reports Strong Second-Quarter 2021 Results
August 4, 2021 6:30 AM EDTHighlights (second-quarter 2021 versus second-quarter 2020, unless otherwise noted):Â
Reported bookings of $4.4 billion, up 34 percent; organic bookings* up 30 percent Reported revenues of $3.8 billion, up 22 percent; organic revenues* up 18 percent GAAP operating margin up 350 bps; adjusted operating margin* up 210 bps GAAP continuing EPS of $1.91; adjusted continuing EPS* of $1.92, up 51 percent *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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