Strong Demand in Commercial HVAC Market Benefits Trane Technologies

Trane Technologies (TT) has had an impressive run over the past year, wherein the company’s shares have gained 56.6%, outperforming the 49.4% rally of the industry it belongs to and the 29.1% rise of the Zacks S&P 500 composite.One Year Price Performance Image Source: Zacks Investment Research TT reported better-than-expected third-quarter 2024 results. The adjusted EPS of $3.37 surpassed the Zacks Consensus Estimate by 4.3% and increased 20.8% year over year. Revenues of $5.4 billion beat the consensus mar ...