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Stock impact report

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

Trane Technologies plc (TT) 
Company Research Source: Business Wire
Highlights (third-quarter 2024 versus third-quarter 2023, unless otherwise noted):Reported revenues of $5.4 billion, up 11 percent; organic revenues* up 11 percentGAAP operating margin up 110 bps; adjusted operating margin* up 90 bpsAdjusted EBITDA margin* of 20.7 percent, up 120 bpsGAAP continuing EPS of $3.43; adjusted continuing EPS* of $3.37, up 21 percentContinued strong bookings of $5.2 billion, up 5 percent*This news release contains non-GAAP financial measures. Definitions of the non-GAAP financial measures can be found in the footnotes of this news release. See attached tables for additional details and reconciliations. SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $3.43 for the third quarter of 2024. Adjusted continuing EPS was $3.37, up 21 percent.Third-Quarter 2024 ResultsFinancial Comparisons - Third-Quarter Continuing Operations$, millions ex Show less Read more
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