Trane Technologies Raises FY24 Organic Revenue Growth Outlook To 11% (From 10%); Adj EPS Outlook To $11.10 (From $10.80) Vs. $10.09 Est.
Portfolio Pulse from Benzinga Newsdesk
Trane Technologies has raised its FY24 organic revenue growth outlook to 11% from 10% and adjusted EPS outlook to $11.10 from $10.80, surpassing the estimated $10.09.
October 30, 2024 | 10:10 am
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Trane Technologies has increased its FY24 organic revenue growth outlook to 11% and adjusted EPS to $11.10, exceeding previous estimates.
The increase in revenue growth and EPS outlook indicates strong business performance and potential for higher profitability, which is likely to positively impact the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100