These Analysts Boost Their Forecasts On Trane Technologies Following Q2 Results

Trane Technologies plc (NYSE:TT) reported mixed earnings for the second quarter and raised its full-year forecast on Wednesday.

The company posted quarterly earnings of $3.88 per share which beat the analyst consensus estimate of $3.79 per share. The company reported quarterly sales of $5.746 billion which missed the analyst consensus estimate of $5.762 billion.

“In the second quarter, we continued our consistent track record of leading financial results with record enterprise bookings and revenue and 18 percent earnings per share growth,” said Dave Regnery, chair and CEO, Trane Technologies. “Our performance continues to be led by Americas Commercial HVAC, with strong demand for our ...