Trane Technologies (TT) Tops Q3 EPS by 13c, raises guidance

Trane Technologies (NYSE: TT) reported Q3 EPS of $2.79, $0.13 better than the analyst estimate of $2.66. Revenue for the quarter came in at $4.9 billion versus the consensus estimate of $4.8 billion.

Raising Full-Year 2023 Revenue and EPS Guidance:

The Company expects full-year reported revenue growth of approximately 10 percent to 11 percent; organic revenue growth of approximately 8 percent to 9 percent versus full-year 2022.
The Company expects GAAP continuing EPS for full-year 2023 of approximately $8.75. The Company expects adjusted continuing EPS for full-year 2023 of approximately $9.00, versus the consensus of $8.87.
Additional information regarding the Company\'s 2023 guidance is included in the Company\'s earnings presentation found at www.tranetechnologies.com in the Investor Relations section.

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

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