Trane Technologies Q2 EPS $2.68 Beats $2.55 Estimate, Sales $4.71B Beat $4.62B Estimate
Portfolio Pulse from Benzinga Newsdesk
Trane Technologies (NYSE:TT) reported Q2 earnings of $2.68 per share, beating the analyst consensus estimate of $2.55 by 5.1%. This is a 24.07% increase from the same period last year. The company also reported quarterly sales of $4.71 billion, beating the analyst consensus estimate of $4.62 billion by 1.95%, a 12.41% increase from the same period last year.
August 04, 2023 | 10:45 am
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POSITIVE IMPACT
Trane Technologies reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Trane Technologies reported Q2 earnings and sales that beat analyst estimates. This positive financial performance is likely to increase investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100