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.

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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.

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SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, announced today that company leadership will participate in a virtual fireside chat at the Wolfe Industrials Virtual Conference. They will speak at 2:00 PM ET on Wednesday, May 26, 2021. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available 30 days following the event. About

Trane Technologies to Present at the Wolfe Industrials Virtual Conference

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Trane Technologies (TT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Trane Technologies (TT) Hits Fresh High: Is There Still Room to Run?

Trane Technologies plc (TT) CEO Mike Lamach on Q1 2021 Results - Earnings Call Transcript

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced today that it has revised its executive and senior leader incentive plan to link directly to Environmental, Social and Governance (ESG) metrics that align with the company's bold 2030 Sustainability Commitments. The company's revised annual incentive plan, which starts this year, holds top executives and approximately 2,300 company leaders accountable for meeting the company's ambitious social

Trane Technologies Ties ESG Metrics to Executive and Employee Compensation as it Accelerates Bold 2030 Sustainability Commitments

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $0.96 for the first quarter of 2021. Adjusted continuing EPS was $1.01, up 135 percent, which excludes $14.7 million related to planned restructuring and transformation costs. First-Quarter 2021 Results Financial Comparisons - First-Quarter Continuing Operations $, millions except EPS Q1 2021 Q1 2020 Y-O-Y Change Organic Y-

Trane Technologies Reports Strong First-Quarter 2021 Results; Raises Full-Year Revenue and EPS Guidance

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, announced today that company leadership will participate in a virtual fireside chat at the Goldman Sachs 2021 Industrials & Materials Conference. They will speak at 10:30 AM ET on Wednesday, May 12, 2021. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available 30 days follo

Trane Technologies to Present at the Goldman Sachs 2021 Industrials & Materials Virtual Conference

SWORDS, Ireland--(BUSINESS WIRE)--To help improve public transit safety and support economic recovery, Thermo King, a strategic brand of global climate innovator Trane Technologies (NYSE: TT), has launched a new air purification solution for buses that continuously purifies the air while the bus is in operation. Thermo King's Air Purification Solution has been independently tested and proven to be 98% effective in deactivating certain viruses, including a surrogate for the virus that causes COV

Trane Technologies Launches Air Purification System for Public Buses: 98% Effective in Deactivating Surrogate for Virus That Causes COVID-19*

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its first quarter 2021 financial results on Wednesday, May 5, 2021, at 10 a.m. ET. The company will issue its first quarter earnings release and earnings presentation in advance of the call; both will be available on the Trane Technologies website. A real-time, listen-only webcast of the conference call will be broadcast live over the internet. Individuals wishi

Trane Technologies Schedules First Quarter 2021 Earnings Conference Call

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RKT vs. TT: Which Stock Is the Better Value Option?

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced today that it plans to cut its product carbon emissions by nearly 50% by 2030, and that its ambitious emissions reduction targets have been validated by the Science Based Targets Initiative (SBTi). Cutting product emissions in half over the next decade supports Trane Technologies' 2030 Sustainability Commitments, including its Gigaton Challenge to reduce customer emissions by one billion metri

Trane Technologies Plans to Cut Product Carbon Emissions in Half by 2030, Supporting the Paris Agreement Goal of Net-Zero Emissions by 2050

SWORDS, Ireland--(BUSINESS WIRE)--Global climate innovator Trane Technologies (NYSE: TT) continues to advance its Gigaton Challenge, a commitment to reduce customers' carbon footprint by one gigaton of CO2 by 2030, with further electrification of Thermo King's sustainable transport temperature control solutions. The company announced that Thermo King's fully electric, zero-emission E-200 refrigeration unit for small trucks is now available to customers in the United States. Ideal for last mile

Trane Technologies Advances Decarbonization with New, Fully Electric Refrigerated Transport Solution

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, announced today that company leadership will participate in a virtual fireside chat at the J.P. Morgan 2021 Industrials Conference. They will speak at 3:40 PM ET on Tuesday, March 16, 2021. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available 30 days following the event. Abo

Trane Technologies to Virtually Present at the J.P. Morgan 2021 Industrials Conference

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, announced today that company leadership will participate in a virtual fireside chat at the 2021 Bank of America Global Industrials Conference. They will speak at 12:30 PM ET on Thursday, March 18, 2021. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available 30 days following t

Trane Technologies to Virtually Present at the 2021 Bank of America Global Industrials Conference

SWORDS, Ireland--(BUSINESS WIRE)--Global climate innovator Trane Technologies (NYSE: TT), through its strategic brand Trane®, has joined forces with indoor air quality monitoring, reporting and ventilation management company Aircuity® to provide automated, data-based indoor air quality monitoring and management solutions for building owners. The integrated Trane and Aircuity system, available in the United States and Canada, collects critical data about a building's air quality and automaticall

Trane Technologies and Aircuity Help Buildings Reopen and Operate Safely with Indoor Air Quality Monitoring and Management Solution

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, announced today that company leadership will participate in a virtual fireside chat at the 2021 Barclays Industrial Select Conference. They will speak at 4:10 PM ET on Tuesday, February 16, 2021. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available 30 days following the even

Trane Technologies to Virtually Present at the 2021 Barclays Industrials Select Conference

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, announced today that company leadership will participate in a virtual fireside chat at the 2021 Citi Global Industrials Conference. They will speak at 11:20 AM ET on Wednesday, February 17, 2021. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available 30 days following the even

Trane Technologies to Virtually Present at the 2021 Citi Global Industrials Conference

Trane Technologies plc (TT) CEO Mike Lamach on Q4 2020 Results - Earnings Call Transcript

Trane Technologies (TT) delivered earnings and revenue surprises of 11.96% and 2.04%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Trane Technologies (TT) Beats Q4 Earnings and Revenue Estimates

Shares of Trane Technologies (NYSE:TT) rose 0.0% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 26.43% over the past year to $1.03, which beat the estimate of $0.92.

Recap: Trane Technologies Q4 Earnings

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $1.01 for the fourth quarter of 2020. Adjusted continuing EPS was $1.03, up 12 percent, which excludes costs primarily related to planned restructuring and transformation. Fourth-Quarter 2020 Results Financial Comparisons - Fourth-Quarter Continuing Operations $, millions except EPS Q4 2020 Q4 2019** Y-O-Y Change Organic Y-

Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2020 Results in Challenging Economic Environment

Trane Technologies (NYSE:TT) unveils its next round of earnings this Friday, February 05. Here is Benzinga's everything-that-matters guide for the earnings announcement.

A Preview Of Trane Technologies's Earnings

SWORDS, Ireland--(BUSINESS WIRE)--The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, declared a quarterly dividend of $0.59 cents per ordinary share, or $2.36 annualized, reflecting an 11% increase. Trane Technologies has paid consecutive quarterly cash dividends on its common shares since 1919 and annual dividends since 1910. The dividend is payable March 31, 2021, to shareholders of record on March 5, 2021. The Board of Directors also authorized a new shar

Trane Technologies Increases Dividend 11% and Authorizes New $2 Billion Share Repurchase Program

SWORDS, Ireland--(BUSINESS WIRE)--Fortune Magazine has named Trane Technologies plc (NYSE:TT), a global climate innovator, to its World's Most Admired Companies list. The company has been on the list for nine years, and now appears for the first time under the Trane Technologies name*. The list is widely considered to be the ultimate report card on corporate reputation. Fortune develops it annually with the Korn Ferry Hay Group. “We are particularly proud to be honored by Fortune as one of the

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