Trane Technologies plc

Trane Technologies Plc is a global climate innovator, which engages in providing efficient and sustainable climate solutions to buildings, homes, and transportation. Its strategic brands include Trane and Thermo King. It operates through the following segments: Americas, EMEA, and Asia Pacific. The Americas segment encompasses commercial heating and cooling systems, building controls, and energy services and solutions; residential heating and cooling; and transport refrigeration systems and solutions in North America and Latin America regions. The EMEA segment encompasses heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions in Europe, Middle East, and Africa regions. The Asia Pacific segment encompasses heating and cooling systems, services and solutions for commercial buildings and transport refrigeration systems and solutions in Asia Pacific region. The company was founded in 1871 and is headquartered in Swords, Ireland.

Earnings data Q1 2021

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Trane Technologies excels in 2022, poised for continued growth

Trane Technologies' strong 2022 performance, driven by organic revenue growth and a focus on innovation, positions the company for continued success in 2023. With a strategic capital allocation plan, emphasis on market outperformance, and investments in key growth areas, Trane is poised to deliver differentiated shareholder returns. Challenges in supply chain management are being addressed to ensure sustained growth and customer satisfaction.

Trane Technologies excels in Q1, eyes carbon reduction and tech innovation

Trane Technologies' Q1 performance reflects strong financial metrics, a purpose-driven approach to sustainability, and a focus on innovation. Despite challenges in certain business segments and regions, the company's strategic investments and positive market outlook position it well for continued growth and profitability.

Trane Technologies excels in Q2, eyes sustainable growth opportunities

Trane Technologies' strong Q2 performance, strategic focus on sustainability, and robust backlog position the company for continued growth.
Challenges include moderating price benefits, labor market impacts, and transitioning to new refrigerants, but opportunities in technology acquisitions and cooling solutions abound.
Balanced capital deployment, strong revenue growth, and a resilient portfolio underscore Trane Technologies' resilience and long-term potential.
With a clear vision for a sustainable world, Trane Technologies navigates challenges and seizes opportunities to drive growth and innovation.

Trane Technologies reports strong Q3 results and eyes sustainable growth

Trane Technologies' Q3 2023 showcased robust performance, strategic strengths, some challenges, and promising opportunities for future growth.
The company's focus on sustainability, innovation, and customer relationships underpins its strong financial results and outlook.
Despite certain challenges like pricing pressures and refrigerant transitions, Trane Technologies remains well-positioned for continued success.
Overall, Trane Technologies' performance, backed by a solid strategy and market positioning, bodes well for sustained growth and shareholder returns.

Trane Technologies excels in Q4, eyes growth amidst sector challenges

Trane Technologies' Q4 performance showcases resilience amidst challenges, with a focus on sustainability, innovation, and growth. The company anticipates strong financial results in 2024, balancing sector impacts with strategic investments and a commitment to sustainability.

Trane Technologies excels in Q1 2024, eyes growth opportunities

Trane Technologies' Q1 2024 performance reflects strong growth, particularly in commercial HVAC and services.
Strategic focus on sustainability, innovation, and balanced capital allocation underpin the company's success.
Challenges in residential business growth and applied systems complexity require attention for sustained performance.
Opportunities lie in continued investments, data center solutions, services attachment rate, and strategic acquisitions.

Trane Technologies reports record Q2 bookings and raises full-year guidance

Trane Technologies' Q2 performance reflects strong growth in bookings and revenues, particularly in the Americas. While facing challenges in certain regions, the company remains optimistic about its full-year outlook and is committed to sustainable strategies and investments.

Trane Technologies excels in Q3 2024, eyes growth opportunities

Trane Technologies' Q3 2024 performance reflects strong growth driven by a purpose-driven strategy and operational excellence.
While challenges exist in market dynamics and policy impacts, the company's focus on innovation and strategic investments positions it well for future growth.
Opportunities for expansion and market leadership through raised guidance and sustainable solutions highlight a positive outlook for Trane Technologies.

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Trane Technologies Plc engages in providing solutions to buildings, homes, and transportation. It operates through the following business segments: Americas, EMEA, and Asia Pacific. The Americas segment encompasses commercial heating and cooling systems, building controls, and energy services and solutions, residential heating and cooling, and transport refrigeration systems, and solutions in North America and Latin America regions. The EMEA segment includes heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions in Europe, Middle East, and Africa regions. The Asia Pacific segment is involved in heating and cooling systems, services and solutions for commercial buildings and transport refrigeration systems and solutions in Asia Pacific region. The company was founded in 1871 and is headquartered in Swords, Ireland.

SWORDS, Ireland--( BUSINESS WIRE )--Trane Technologies (NYSE:TT), a global climate innovator, is ranked 18th on the 2023 JUST 100 list, named first in the Building Materials & Construction industry, and ranked as the best company in the industry for communities and workers. Led by JUST Capital and published in partnership with CNBC, JUST 100 measures America's largest public companies' performance based on fair wages, workforce diversity and climate commitments. The company has been recognized as one of America's Most JUST Companies for the sixth consecutive year.

Trane Technologies Listed in Top 20, Ranks First in Industry of JUST 100

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As demand for climate change and sustainability solutions grows, top funds lift Trane Technologies toward a fresh breakout. The post Technology Innovator Meets Gigaton Challenge, Tests Breakout appeared first on Investor's Business Daily.

Technology Innovator Meets Gigaton Challenge, Tests Breakout

Climate control provider Trane Technologies stock is near a buy point after showing strong performance in the stock market. The post This Climate Control Stock Forms A Constructive Base appeared first on Investor's Business Daily.

This Climate Control Stock Forms A Constructive Base

SWORDS, Ireland--( BUSINESS WIRE )--Trane Technologies (NYSE: TT), a global climate innovator, will join the Home Connectivity Alliance (HCA) January 5-8 at the Consumer Electronics Show in Las Vegas, NV to demonstrate mobile interactivity of its sustainable, energy-efficient Trane® and American Standard® Heating and Air Conditioning solutions with other smart home appliances and devices. Trane Home and American Standard Home are the first digital solutions in the HVAC industry to seamlessly integrate a home's HVAC system with other smart home systems and appliances from 15 leading home solutions' brands.

Trane Technologies Showcases Industry-Leading Residential Heating and Cooling Connectivity at Consumer Electronics Show

Consecutive better-than-expected top and bottom-line performance, shareholder-friendly moves and encouraging guidance have been benefiting Trane Technologies (TT) stock.

Trane Technologies (TT) Gains 41% in 6 Months: Here's How

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SWORDS, Ireland--( BUSINESS WIRE )--Trane Technologies (NYSE:TT), a global climate innovator, has been recognized for corporate environmental transparency by the Climate Disclosure Project (CDP), securing a place on its annual ‘A List.'

Trane Technologies Named to Climate Disclosure Project (CDP) Annual ‘A List'

SWORDS, Ireland--( BUSINESS WIRE )--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the S&P Dow Jones Sustainability World Index for the second consecutive year and the North America Index for the twelfth consecutive year. The company performed in the 97th percentile in the Capital Goods industry in the S&P Global Corporate Sustainability Assessment (score date: Oct. 21, 2022), with perfect scores of 100 in both the environmental reporting and social reporting categories.

Trane Technologies Named to S&P Dow Jones Sustainability World Index and North America Index

SWORDS, Ireland--( BUSINESS WIRE )--Trane Technologies (NYSE:TT), a global climate innovator, has earned several prestigious rankings recognizing the company's ongoing commitments to diversity and inclusion and supporting veterans.

Trane Technologies Recognized for Commitments to Diversity and Inclusion, Veterans

Trane Technologies (TT) reported earnings 30 days ago. What's next for the stock?

Why Is Trane Technologies (TT) Up 8.1% Since Last Earnings Report?

Trane Technologies (TT) remains focused on improving the quality of its products and services and operating efficiencies to achieve sustained improvement in earnings and cash flow.

6 Reasons Why You Should Bet on Trane Technologies (TT) Now

SWORDS, Ireland--( BUSINESS WIRE )--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a fireside chat at the Credit Suisse Industrials Conference. They will speak at 11:00 a.m. EST on Friday, December 2, 2022.

Trane Technologies to Present at the Credit Suisse Industrials Conference

SWORDS, Ireland--( BUSINESS WIRE )--Trane Technologies (NYSE: TT), a global climate innovator, today announced it will further reduce the carbon impact of its industry-leading, sustainable HVAC solutions by purchasing low-carbon steel from primary supplier Nucor Corporation (NYSE: NUE), Econiq™, with an additional allotment from U. S. Steel (NYSE: X), verdeX®. The steel will be used in U.S. manufacturing operations to build Trane® high-efficiency heat pumps and air conditioners for homes, and thermal management systems for commercial buildings such as schools and data centers.

Trane Technologies Reduces Carbon Impact of HVAC in Homes and Buildings Through Low-Carbon Steel

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, will join several climate action dialogues during the Sustainable Innovation Forum 2022 (SIF22) at COP27 in Sharm El-Sheik, Egypt, November 9-11.

Trane Technologies Calls for Climate Action, Scale of Existing Technologies at COP27

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, has surpassed U.S. Department of Energy (DOE) requirements for the Residential Cold Climate Heat Pump (CCHP) Challenge for high-efficiency heating in freezing temperatures.

Trane Technologies Surpasses U.S. Department of Energy Requirements for High-Efficiency, Cold Climate Heat Pump

Trane Technologies plc. (NYSE:TT ) Q3 2022 Earnings Conference Call November 1, 2022 10:00 AM ET Company Participants Zachary Nagle - VP, IR David Regnery - Chairman & CEO Christopher Kuehn - EVP & CFO Conference Call Participants Andy Kaplowitz - Citigroup John Walsh - Credit Suisse Scott Davis - Melius Research Julian Mitchell - Barclays Joe Ritchie - Goldman Sachs Gautam Khanna - Cowen Steve Tusa - JPMorgan Nigel Coe - Wolfe Research Jeff Sprague - Vertical Research Deane Dray - RBC Capital Joe O'Dea - Wells Fargo Operator Good morning.

Trane Technologies plc. (TT) Q3 2022 Earnings Call Transcript

Trane Technologies' (TT) third-quarter 2022 revenues improve year over year.

Trane Technologies (TT) Q3 Earnings Beat Estimates, Up Y/Y

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $2.38 for the third quarter of 2022.

Trane Technologies Reports Strong Third-Quarter 2022 Operating Results; Raises Full-Year Revenue and EPS Guidance

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to Forbes' list of the World's Best Employers for the second consecutive year.

Trane Technologies Named One of the World's Best Employers by Forbes

SAN DIEGO--(BUSINESS WIRE)--Road Ready, the leader in advanced telematics and smart fleet solutions from Clarience Technologies, today announced Thermo King is joining its LogIQ smart partner network, expanding the brand's connectivity solutions to now include cold chain technology.

Thermo King Joins Road Ready's LogIQ Smart Partner Network

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, will be at VERGE22 to debut a net-zero cooling cart designed to provide sustainable and affordable cooling for street vendors, while combating food loss, reducing emissions and improving their livelihoods.

Trane Technologies to Debut and Feature Employee-Powered Social Innovation and Decarbonization Solutions at VERGE22

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SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced that its Board of Directors has appointed two new members, Mark George and Melissa Schaeffer.

Mark George, CFO for Norfolk Southern Corporation, and Melissa Schaeffer, CFO for Air Products and Chemicals, Inc., Join Trane Technologies Board of Directors

News for Trane Technologies plc Stock (TT)