Trane Technologies Reports Strong Results and Raises 2023 Revenue and EPS Guidance

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Trane Technologies (TT) Tops Q2 EPS by 12c; Raises Outlook

August 2, 2023 6:03 AM EDT

Trane Technologies (NYSE: TT) reported Q2 EPS of $2.68, $0.12 better than the analyst estimate of $2.56. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.61 billion.

GUIDANCE:

Trane Technologies sees FY2023 EPS of $8.80-$8.90, versus the consensus of $8.48. The Company... More