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Trane Technologies: Q3 Earnings Snapshot

By AP News
Published

DUBLIN (AP) — DUBLIN (AP) — Trane Technologies plc (TT) on Wednesday reported third-quarter profit of $626.3 million.

The Dublin-based company said it had net income of $2.72 per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $2.79 per share.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.66 per share.

The manufacturer posted revenue of $4.88 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $4.78 billion.

Trane Technologies expects full-year earnings to be $9 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TT at https://www.zacks.com/ap/TT

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