Trane Technologies: Q2 Earnings Snapshot
By AP News
Published - Jul 31, 2024, 06:18 AM ET
Last Updated - Jul 31, 2024, 06:18 AM EDT
DUBLIN (AP) — DUBLIN (AP) — Trane Technologies plc (TT) on Wednesday reported second-quarter profit of $755.3 million.
On a per-share basis, the Dublin-based company said it had net income of $3.30.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.08 per share.
The manufacturer posted revenue of $5.31 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $5.11 billion.
