earnings
confidence medium
sentiment positive
materiality 0.80
Trane Technologies reports Q3 revenue $5.4B (+11%), adj. EPS $3.37 (+21%), raises FY outlook
Trane Technologies plc
2024-Q3 EPS reported
$8.59
revenue$14,964,200,000
- Revenue of $5.4B, up 11% reported and organic vs. Q3 2023.
- GAAP continuing EPS $3.43; adjusted continuing EPS $3.37, up 21%.
- Adjusted EBITDA margin 20.7%, up 120 bps; GAAP operating margin +110 bps.
- Bookings remained strong at $5.2B, up 5% YoY.
- Company raised 2024 revenue and EPS guidance (specific guidance not disclosed in snippet).