Trane Technologies (TT) Reports Next Week: Wall Street Expects Earnings Growth

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Trane Technologies, with a focus on how actual results compare to estimates impacting stock price [1][2] Earnings Expectations - Trane Technologies is expected to report quarterly earnings of $3.80 per share, reflecting a year-over-year increase of 12.8% [3] - Revenue is projected to be $5.76 billion, which is a 5.9% increase from the previous year [3] Estimate Revisions - The consensus EPS estimate has been revised down by 0.22% over the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Trane Technologies is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.24% [12] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with positive readings being more predictive [9][10] - A combination of a positive Earnings ESP and a strong Zacks Rank increases the likelihood of an earnings beat [10] Historical Performance - Trane Technologies has beaten consensus EPS estimates in the last four quarters, with a surprise of +3.19% in the most recent quarter [13][14] Conclusion - Despite the historical performance, Trane Technologies does not appear to be a strong candidate for an earnings beat based on current estimates and rankings [17]