Trane Technologies (TT) came out with quarterly earnings of $3.30 per share, beating the Zacks Consensus Estimate of $3.08 per share. This compares to earnings of $2.68 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary o ...

Highlights (second-quarter 2024 versus second-quarter 2023, unless otherwise noted): SWORDS, Ireland, July 31, 2024 - Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $3.33 for the second quarter of 2024. Adjusted continuing EPS was $3.30, up 23 percent. | --- | --- | --- | --- | --- | |-------------------------------------------|-----------|-----------|--------------|------------------------| | $, millions except EPS ...

Trane Technologies plc (TT) is set to report second-quarter 2024 earnings on Jul 31, 2024, before market open. We expect Americas' revenues to grow 8.5% from the year-ago quarter's actual to $4 billion. A strong performance in the commercial HVAC business is estimated to have benefited this region's revenues. Our estimate for revenues from EMEA is pegged at $661.2 million, indicating 7.1% growth on a year-over-year basis. Asia Pacific revenues are anticipated to be $437.5 million, implying a 10.9% rise from ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. What are the Zacks Style Scores? The Style Scores are broken down into four categories: Growth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and histori ...

Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock. The consensus among analysts is that 'Revenues- Americas' will reach $4.04 billion. The estimate indicates a change of +9.5% ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Trane Technologies (TT) , which belongs to the Zacks Technology Services industry. When looking at the last two reports, this manufacturer has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 10.09%, on average, in the last two quarters. For the most recent quarter, Trane Technologies was expected to post earnings ...

Trane Technologies (TT) stock has had an impressive run over the past year. Shares of the company have gained 79.2% compared with the 48.2% rally of the industry it belongs to and the 26.4% rise of the Zacks S&P 500 composite. The company's revenues for 2024 and 2025 are expected to improve 8.3% and 6.7%, respectively, year over year. Earnings are anticipated to increase 15.7% in 2024 and 10.8% in 2025. The company has an expected long-term (three to five years) earnings per share growth rate of 12%. Trane ...

The manufacturer's shares have seen an increase of 2.73% over the last month, surpassing the Business Services sector's loss of 0.56% and falling behind the S&P 500's gain of 4.15%. The latest trading session saw Trane Technologies (TT) ending at $329.64, denoting a -1.18% adjustment from its last day's close. The stock's change was less than the S&P 500's daily loss of 0.04%. Meanwhile, the Dow lost 0.15%, and the Nasdaq, a tech-heavy index, added 0.12%. Investors will be eagerly watching for the performan ...

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Trane Technologies (TT) has had an impressive run over the past six months, wherein the company's shares have gained 51.7%, outperforming the 25.9% rally of the industry it belongs to and the 16.6% rise of the Zacks S&P 500 composite. TT reported better-than-expected first-quarter 2024 results. The adjusted EPS of $1.94 surpassed the Zacks Consensus Estimate by 18.3% and increased 37.6% year over year. Revenues of $4.2 billion beat the consensus mark by 5.7% and increased 15% year over year on a reported ba ...