Trane Technologies (TT) Tops Q3 EPS by 13c, Beats on Revenue; Offers FY24 EPS Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Trane Technologies Reports Strong Third Quarter Results and Raises 2024 Revenue and EPS Guidance
October 30, 2024 6:30 AM EDTHighlights (third-quarter 2024 versus third-quarter 2023, unless otherwise noted):
Reported revenues of $5.4 billion, up 11 percent; organic revenues* up 11 percent GAAP operating margin up 110 bps; adjusted operating margin* up 90 bps Adjusted EBITDA margin* of 20.7 percent, up 120 bps GAAP continuing EPS of $3.43; adjusted continuing EPS* of $3.37, up 21 percent Continued strong bookings of $5.2 billion, up 5 percent*This news release contains non-GAAP financial measures. Definitions of the non-GAAP financial measures can be found in the footnotes of this news release. See attached tables for additional details and... More
