Trane Technologies PLC Class A

TT: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Trane Technologies Earnings: Market Unimpressed by Strong Q3 and Guidance Raise; Valuation Increased

Brian Bernard

Oct 30, 2024

Third-quarter sales increased more than 11% to $5.4 billion, well above our expectation for 8.5% growth. Adjusted EPS of $3.37 (up 21%) topped our $3.16 estimate. Management raised 2024 guidance and offered a favorable high-level view on 2025.

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Trane Technologies PLC Class A

Trane Technologies Earnings: Market Unimpressed by Strong Q3 and Guidance Raise; Valuation Increased

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