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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Earnings data Q4 2024

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.

Trane Technologies (TT) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $2.13 per share. This compares to earnings of $1.82 per share a year ago.

Trane Technologies (TT) Tops Q4 Earnings 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 $2.23 for the fourth quarter of 2023. Adjusted continuing EPS was $2.17, up 19 percent. Fourth-Quarter 2023 Results Financial Comparisons - Fourth-Quarter Continuing Operations $, millions except EPS Q4 2023 Q4 2022 Y-O-Y Change Organic Y-O-Y Change Bookings $4,534 $3,998 13% 12% Net Revenues $4,424 $4,074 9% 6% GAAP Operat.

Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2023 Results; Robust Bookings and Backlog Provide Strong Visibility Entering 2024

Trane Technologies (TT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Trane Technologies (TT)

Is a Surprise Coming for Trane Technologies (TT) This Earnings Season?

Trane Technologies' (TT) earnings and revenues are likely to have increased year over year in the fourth quarter of 2023.

What to Expect From Trane Technologies' (TT) Q4 Earnings?

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 December 2023.

Unveiling Trane Technologies (TT) Q4 Outlook: Wall Street Estimates for Key Metrics

Amadeus IT Group SA

Investors interested in stocks from the Technology Services sector have probably already heard of Amadeus IT Group SA Unsponsored ADR (AMADY) and Trane Technologies (TT). But which of these two stocks offers value investors a better bang for their buck right now?

AMADY vs. TT: Which Stock Should Value Investors Buy Now?

Trane Technologies (TT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Trane Technologies (TT) Reports Next Week: Wall Street Expects Earnings Growth

Trane Technologies (TT) gains from continued efforts to enhance its operations and reward shareholders.

Trane Technologies (TT) Rises 45.6% in a Year: Here's How

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to Corporate Knights' 2024 Global 100, recognized as the leader in the Building Products industry and ranking 23rd overall. Emphasizing the impact of a company's core products and services, the Global 100 is one of the world's most valued and transparent sustainability ratings. To determine its rankings, over 6,000 companies were assessed across 25 key performance indicators including sust.

Trane Technologies Recognized for Sustainability Performance with Inclusion on Corporate Knights' Global 100

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, is pleased to announce that Trane® has been named the top residential HVAC brand in Lifestory Research's America's Most Trusted® study for 10 consecutive years. For its America's Most Trusted study, Lifestory Research surveyed more than 9,000 Americans who were actively shopping for an HVAC system between January and December 2023. Achieving the highest Net Trust Quotient score (116.4) among the most pop.

Trane® by Trane Technologies Named America's Most Trusted® HVAC Brand for the 10th Consecutive Year

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its fourth quarter 2023 financial results on Thursday, February 1, 2024, at 10 a.m. ET. The company will issue its fourth 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.

Trane Technologies Schedules Fourth Quarter 2023 Earnings Conference Call

Parsons Corp

Investors with an interest in Technology Services stocks have likely encountered both Parsons (PSN) and Trane Technologies (TT). But which of these two companies is the best option for those looking for undervalued stocks?

PSN or TT: Which Is the Better Value Stock Right Now?

Trane Technologies (TT) is dedicated to improving product quality, operational efficiency, and innovation for sustained earnings and cash flow growth.

Reasons to Retain Trane Technologies (TT) for the Time Being

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been selected to The Wall Street Journal's list of the Best-Managed Companies for the third consecutive year. The ranking, developed by the Drucker Institute, measures corporate effectiveness, based upon five principles: customer satisfaction, employee engagement and development, innovation, social responsibility and financial strength. “At Trane Technologies, we believe that bold ambition drives act.

The Wall Street Journal Names Trane Technologies One of the Best-Managed Companies of 2023

AppLovin Corp

Investors interested in Technology Services stocks are likely familiar with Trane Technologies (TT) and AppLovin (APP). But which of these two stocks is more attractive to value investors?

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

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 third consecutive year and the North America Index for the thirteenth consecutive year. The company performed in the 98th percentile in the Building Products industry in the S&P Global Corporate Sustainability Assessment (CSA score as of Nov. 27, 2023), with a perfect score of 100 in the Resource Efficiency and Circularity cat.

Trane Technologies Named to S&P Dow Jones Sustainability World and North American Indices

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, announced the appointment of Riaz Raihan as Chief Digital Officer, effective December 11. Raihan will report to Chair and CEO Dave Regnery as part of the executive leadership team and will lead the digital strategy for Trane Technologies globally. “The appointment of Riaz as Chief Digital Officer is an exciting milestone for Trane Technologies as we continue to broaden our digital services and solutions.

Riaz Raihan Joins Trane Technologies as Chief Digital Officer

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 30% in a Year: Here's How

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, is pleased to announce the Trane® XV20i Variable Speed Heat Pump with Trane Link has been named the best High-Efficiency Heat Pump in Good Housekeeping's 2023 Home Renovation Awards. The annual award recognizes the top products and services in home improvement. The XV20i Variable Speed Heat Pump with Trane Link is the latest example of heat pump innovation that builds on Trane Technologies' position as a.

Good Housekeeping 2023 Home Renovation Awards Recognizes Innovative Heat Pump from Trane Technologies

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

Trane Technologies (TT) Up 5.8% Since Last Earnings Report: Can It Continue?

SAN DIEGO and MINNEAPOLIS , Nov. 30, 2023 /PRNewswire/ -- EROAD, a leading provider of transportation technology solutions, headquartered in San Diego, and Thermo King, a global leader in sustainable transport temperature control solutions based in Minneapolis, are thrilled to announce their strategic data sharing partnership. This collaboration empowers EROAD to seamlessly integrate with Thermo King's TracKing® telematics equipment, a standard feature on Thermo King Precedent® trailer refrigeration units since 2018.

EROAD and Thermo King® Forge Data Sharing Partnership to Enhance Fleet Management

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, will underscore the critical need for adoption of new and existing solutions at scale, accelerated climate policy and transparent emissions reporting during COP28 in Dubai, November 30 – December 12. As the window for limiting global warming to 1.5°C continues to narrow, Trane Technologies steadfastly encourages bolder accountability in line with the United Nations Sustainable Development Goals – includi.

Trane Technologies Calls for Accelerated Climate Action, Increased Transparency at COP28

Trane Technologies is benefiting from strong order bookings and a healthy backlog, with good visibility for near-term revenue growth. The company's commercial end-market, which accounts for 80% of its revenues, is experiencing favorable demand trends and secular growth drivers. Trane Technologies has a solid balance sheet to support its M&A strategy, and its margin growth prospects are promising.

Trane Technologies: Good Growth Prospects And A Reasonable Valuation

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As we close the third quarter earnings season, it's time to reflect on the performance. Overall, it was a good quarter, with many companies exceeding earning expectations.

News for Trane Technologies plc Stock (TT)