Trane Technologies Reports Record First-Quarter 2022 Results, Updates 2022 Guidance

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Trane Technologies (TT) Tops Q1 EPS by 13c

May 4, 2022 6:32 AM EDT

Trane Technologies (NYSE: TT) reported Q1 EPS of $1.12, $0.13 better than the analyst estimate of $0.99. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.16 billion.

Record backlog of $6.2 billion, up 56 percent year-over-year, positions the Company well for 2022 and... More