Trane Technologies(TT) ZACKS·2025-04-30 18:35Core Insights - Trane Technologies plc (TT) reported better-than-expected first-quarter 2025 results with adjusted EPS of $2.45, surpassing the Zacks Consensus Estimate by 11.4% and increasing 26.3% year over year [1] - Revenues reached $4.7 billion, beating the consensus mark by 5.1% and rising 11.2% year over year on both reported and organic bases [1] Revenue and Bookings - The Americas segment generated revenues of $3.8 billion, exceeding the estimate of $3.6 billion, and increased 14% year over year on a reported basis and 13% organically; bookings rose 5% to $4.2 billion [2] - The Europe, Middle East and Africa segment reported revenues of $573.5 million, up 4% year over year on a reported basis and 6% organically, beating the estimate of $544.4 million; bookings increased 9% year over year to $720.7 million [3] - The Asia Pacific segment's revenues were $314.3 million, down 4% year over year on a reported basis and down 3% organically, but still beating the estimate of $310.5 million; bookings decreased 14% year over year to $341 million [4] Balance Sheet and Cash Flow - Trane ended the quarter with a cash balance of $861 million, up from $850 million in the previous year's first quarter; debt balance decreased to $4.7 billion from $4.8 billion [5] - The company generated $346 million of cash from operating activities and free cash flow of $230 million during the quarter [5] 2025 Guidance - For 2025, Trane expects revenue growth of 7.5-8.5% and organic revenue growth of approximately 7-8% compared to full-year 2024 [6] - Adjusted EPS for full-year 2025 is projected to be between $12.70 and $12.90, higher than the Zacks Consensus Estimate of $12.66 per share [6]