Trane Technologies Raises FY23 Outlook, Sees FY23 Adj. EPS Of $8.80 To $8.90 (Prior View $8.30-$8.50) Vs $8.48 Est.; Expects Revenue Growth Of ~10%
Portfolio Pulse from Benzinga Newsdesk
Trane Technologies has raised its FY23 outlook, now expecting an adjusted EPS of $8.80 to $8.90, up from the previous estimate of $8.30 to $8.50. The company also anticipates a revenue growth of approximately 10% for the full year.
August 04, 2023 | 10:47 am
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Trane Technologies has raised its FY23 outlook, which could lead to increased investor confidence and potential stock price rise.
Trane Technologies' raised outlook for FY23 indicates strong performance expectations. This could boost investor confidence, potentially leading to increased demand for the stock and a rise in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100