Trane, Inc. (TT) Tops Q2 EPS by 3c, Offers Guidance

Trane, Inc. (NYSE: TT) reported Q2 EPS of $1.92, $0.03 better than the analyst estimate of $1.89. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.75 billion.

Full-Year Updated 2021 Guidance:

• Reported revenues up approximately 13.5 percent; organic revenues up approximately 11 percent versus 2020.
• GAAP continuing EPS of $5.80, including EPS of $(0.25) for transformation and other restructuring costs; adjusted continuing EPS of $6.05, up 36 percent versus 2020.
• Additional information regarding the company's 2021 guidance is included in the company's earnings presentation found at www.tranetechnologies.com in the Investor Relations section.

(Consensus sees FY EPS of $6.12)

For earnings history and earnings-related data on Trane, Inc. (TT) click here.

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