Core Insights - Trane Technologies (TT) is expected to report quarterly earnings of $2.19 per share, a 12.9% increase year-over-year, with revenues projected at $4.46 billion, reflecting a 5.8% year-over-year growth [1] Earnings Projections - The consensus EPS estimate has been revised down by 0.4% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3] Revenue Estimates - Analysts predict 'Revenues- Americas' will reach $3.59 billion, a year-over-year increase of 7.6% [5] - 'Revenues- EMEA' are expected to be $570.44 million, reflecting a 3.1% year-over-year growth [5] - 'Revenues- Asia Pacific' are forecasted at $307.53 million, indicating a year-over-year decline of 6% [5] Key Metrics - Total Bookings are estimated at $5.23 billion, compared to $5.07 billion in the same quarter last year [6] - 'Adjusted EBITDA- Americas' is projected to be $678.31 million, up from $604.80 million year-over-year [6] - 'Adjusted EBITDA- EMEA' is expected to reach $110.57 million, compared to $99.40 million last year [7] - 'Adjusted EBITDA- Asia Pacific' is forecasted at $68.72 million, down from $70.80 million year-over-year [7] Stock Performance - Trane Technologies shares have returned -1% over the past month, while the Zacks S&P 500 composite has seen a -4.8% change [7] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [7]
Unlocking Q1 Potential of Trane Technologies (TT): Exploring Wall Street Estimates for Key Metrics