Trane Technologies Raises FY24 Organic Revenue Growth Outlook To 10%; Adj EPS Outlook To $10.80 Vs. $10.54 Est.
Portfolio Pulse from Benzinga Newsdesk
Trane Technologies has raised its FY24 organic revenue growth outlook to 10% and adjusted EPS outlook to $10.80, surpassing the previous estimate of $10.54.
July 31, 2024 | 10:12 am
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Trane Technologies has increased its FY24 organic revenue growth outlook to 10% and adjusted EPS outlook to $10.80, exceeding the previous estimate of $10.54. This positive revision indicates strong business performance and could boost investor confidence.
The upward revision in both revenue growth and EPS outlook suggests strong operational performance and financial health, likely leading to a positive short-term impact on Trane Technologies' stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100