Trane Technologies Q1 2022: revenue $3.4B, adj EPS $1.12, record backlog $6.2B

Trane Technologies plc

2022-Q1 EPS reported $1.10 revenue$3,355,500,000

Revenue $3.4B, up 11% reported and 12% organic vs Q1 2021.
GAAP continuing EPS $1.13; adjusted continuing EPS $1.12, up 11%.
Record backlog $6.2B, up 56% YoY, supporting 2022-2023 outlook.
Reported bookings $4.3B, up 5%; organic bookings up 6%.
Updated 2022 guidance; first-quarter results cited as record.

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