Trane Technologies Q3 2024 Adj. EPS $3.37 Beats $3.24 Estimate, Sales $5.441B Beat $5.317B Estimate
Portfolio Pulse from Benzinga Newsdesk
Trane Technologies reported Q3 2024 earnings per share of $3.37, surpassing the analyst estimate of $3.24. The company's sales reached $5.441 billion, exceeding the expected $5.317 billion and marking an 11.43% increase from the previous year.
October 30, 2024 | 10:06 am
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Trane Technologies reported better-than-expected Q3 2024 earnings and sales, with EPS of $3.37 beating estimates by 4.01% and sales of $5.441 billion exceeding expectations by 2.34%.
The company's earnings and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant year-over-year sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100