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.

CHARLOTTE, N.C. & ATLANTA--(BUSINESS WIRE)--Kian Capital-backed Team Air Distributing (“Team Air”), a leading wholesale distributor providing OEM-branded HVAC equipment, parts and supplies to residential and commercial contractors, has been awarded new territories in Northern Georgia and the Metro Atlanta area from its OEM partner American Standard, a division of Trane Technologies (NYSE: TT). Team Air will open six new branch locations in Northern Georgia and the Metro Atlanta area, beginning.

Kian-Backed Team Air Enters Georgia Market with Second Territory Award from OEM Partner American Standard

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 plc (TT) Hit a 52 Week High, Can the Run Continue?

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, was recently recognized for workplace excellence, uplifting culture and its commitment to sustainability by TIME, PEOPLE and Fortune. The company was named to TIME's World's Best Companies list for the second consecutive year, made its first appearance on PEOPLE's Companies That Care list and achieved its highest ranking to date on Fortune's list of the Best Workplaces in Manufacturing and Production, se.

Trane Technologies Recognized by TIME, PEOPLE and Fortune for Workforce, Culture and Commitment to Sustainability

In the latest trading session, Trane Technologies (TT) closed at $359.67, marking a +1.51% move from the previous day.

Trane Technologies (TT) Surpasses Market Returns: Some Facts Worth Knowing

TT's applied solutions offer higher service margins, and its new energy-efficient products boost demand and drive the gross margin.

Here's Why Trane Technologies Stock is a Great Pick for You

Trane Technologies' stock has surged over 14% since March 2024, driven by strong commercial HVAC growth and a robust backlog of $7.5 billion. The company reported 19% growth in orders and 13% revenue growth, raising guidance for FY24 and projecting a 12% annual revenue growth. Anticipated interest rate cuts in 2025 could boost Trane's new residential business, further supporting the 'Strong Buy' rating with a $380 price target.

Trane Technologies: Strong Backlog Supporting Growth For FY24 And FY25

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

Trane Technologies (TT) Up 6.5% Since Last Earnings Report: Can It Continue?

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 Morgan Stanley Laguna Conference. They will speak at 11:05 a.m. PDT on Thursday, September 12, 2024. 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 for 30 days following the event. About.

Trane Technologies to Present at the Morgan Stanley Laguna Conference

Trane Technologies (TT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Trane Technologies (TT) Upgraded to Strong Buy: What Does It Mean for the Stock?

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SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, is exploring how climate technology and innovation are transforming the spaces where we live, work, learn and play with Season 4 of its Healthy Spaces Podcast. “Building a net-zero future begins with crucial conversations with the innovators who are leading the way, one healthy space at a time,” said Dominique Silva, Healthy Spaces podcast co-host and EMEA marketing leader, Trane Technologies. “On this s.

Trane Technologies Explores What's Now and Next in Climate Technology in Season 4 of its Healthy Spaces Podcast

Trane Technologies plc (NYSE:TT ) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Zac Nagle - Vice President, Investor Relations David Regnery - Chair and CEO Chris Kuehn - Executive Vice President and CFO Conference Call Participants Julian Mitchell - Barclays Scott Davis - Melius Research Andy Kaplowitz - Citigroup Gautam Khanna - TD Cowen Damian Karas - UBS Joe Ritchie - Goldman Sachs Steve Tusa - JPMorgan Jeff Sprague - Vertical Research Partners Nigel Coe - Wolfe Research Deane Dray - RBC Noah Kaye - Oppenheimer Operator Good morning. Welcome to the Trane Technologies Q2 2024 Earnings Conference Call.

Trane Technologies plc (TT) Q2 2024 Earnings Call Transcript

Trane Technologies' (TT) second-quarter 2024 earnings and revenues improve year over year.

Trane Technologies (TT) Q2 Earnings Beat Estimates, Rise Y/Y

The headline numbers for Trane Technologies (TT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Trane Technologies (TT) Reports Q2 Earnings: What Key Metrics Have to Say

Trane Technologies (TT) came out with quarterly earnings of $3.30 per share, beating the Zacks Consensus Estimate of $3.08 per share. This compares to earnings of $2.68 per share a year ago.

Trane Technologies (TT) Tops Q2 Earnings and Revenue Estimates

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $3.33 for the second quarter of 2024. Adjusted continuing EPS was $3.30, up 23 percent. Second-Quarter 2024 Results Financial Comparisons - Second-Quarter Continuing Operations $, millions except EPS Q2 2024 Q2 2023 Y-O-Y Change Organic Y-O-Y Change Bookings $5,340 $4,495 19% 19% Net Revenues $5,307 $4,705 13% 13% GAAP Oper.

Trane Technologies Reports Strong Second Quarter Results and Raises 2024 Revenue and EPS Guidance

Trane Technologies' (TT) second-quarter 2024 top line is expected to have gained from growth in the HVAC business.

Trane Technologies (TT) to Post Q2 Earnings: What's in Store?

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Trane Technologies (TT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

Unveiling Trane Technologies (TT) Q2 Outlook: Wall Street Estimates for Key Metrics

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SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its second quarter 2024 financial results on Wednesday, July 31, 2024, at 10 a.m. ET. The company will issue its second 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 w.

Trane Technologies Schedules Second Quarter 2024 Earnings Conference Call

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As global temperatures rise, so too does the demand for cooling technologies. This demand creates a market for solutions that keep things cool, encompassing everything from residential air conditioners to sophisticated commercial refrigeration systems.

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SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been recognized in TIME's inaugural rankings of the World's Most Sustainable Companies. The list, published in collaboration with market research company Statista, celebrates companies who advance sustainable practices and promote corporate responsibility and social stewardship. "It's a tremendous honor to be included on TIME's inaugural list of the World's Most Sustainable Companies,” said Paul Camu.

Trane Technologies Named One of the World's Most Sustainable Companies by TIME

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has received additional acclaim for its commitment to creating an empowering and uplifting culture. These recognitions include being named one of the Best Companies to Work For by U.S. News & World Report, earning the Great Place to Work Certification in the United States for the fourth consecutive year and being named to the Top 100 of India's Best Companies to Work for 2024. “At Trane Technologies,.

Trane Technologies Recognized for its Uplifting Culture by U.S. News & World Report and Great Place to Work

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced its successful completion of the U.S. Department of Energy's (DOE) Residential Cold Climate Heat Pump (CCHP) Challenge for high-efficiency heating in extremely cold temperatures. After surpassing DOE laboratory tests, the Trane® high-efficiency, Cold Climate Heat Pump prototype, installed at a Boise, Idaho residence, successfully warmed the home for two winters by extracting heat from th.

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