earnings
confidence high
sentiment positive
materiality 0.80
Trane Technologies Q2 adjusted EPS $4.31, revenue $6.4B; raises full-year guidance
Trane Technologies plc
- Organic bookings up 37% led by Americas Commercial HVAC up 50%; book-to-bill 123%.
- Record backlog $12.1B, up 70%; Americas Commercial HVAC backlog up 90%.
- Reported revenues $6.4B, up 11%; organic revenues up 9%.
- GAAP continuing EPS $4.20; adjusted continuing EPS $4.31, up 11% YoY.
- Company raises full-year revenue and EPS guidance.