Trane Technologies Stock News

Trane's Q3 shows strong business growth in North America, alongside some weakness in China. During the quarter, the Company experienced a significant revenue decline in China, with a 50% drop in bookings and a 45% decrease in revenue. The strong growth during the quarter was led by TT's North America business. More specifically, its residential HVAC business in North America grew by 20% year-ov...

Trane Technologies plc (NYSE:TT ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Zac Nagle - Vice President, Investor Relations Dave Regnery - Chair & Chief Executive Officer Chris Kuehn - Executive Vice President & Chief Financial Officer Conference Call Participants Scott Davis - Melius Research Chris Snyder - Morgan Stanley Julian Mitchell - Barclays Andy ...

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $3.43 for the third quarter of 2024. Adjusted continuing EPS was $3.37, up 21 percent. Third-Quarter 2024 Results Financial Comparisons - Third-Quarter Continuing Operations $, millions except EPS Q3 2024 Q3 2023 Y-O-Y Chan...

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its third quarter 2024 financial results on Wednesday, October 30, 2024, at 10 a.m. ET. The company will issue its third quarter earnings release and earnings presentation in advance of the call; both will be available on the Trane Technologies website. A real-t...

SWORDS, Ireland--(BUSINESS WIRE)--The Board of Directors of Trane Technologies plc (NYSE:TT), a global climate innovator, declared a quarterly dividend of $0.84 per ordinary share, or $3.36 per share annualized. The dividend is payable December 31, 2024, to shareholders of record on December 6, 2024. The Company has paid consecutive quarterly cash dividends on its common shares since 1919 and a...

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE: TT), a global climate innovator, today announced a commitment to reduce embodied carbon by 40% by 2030, an industry first. Building on its leadership in sourcing more sustainable solutions like low-carbon steel, Trane Technologies will focus its efforts on partnering with suppliers of materials used in buildings and building equipment ...

CHARLOTTE, N.C. & ATLANTA--(BUSINESS WIRE)--Kian Capital-backed Team Air Distributing (“Team Air”), a leading wholesale distributor providing OEM-branded HVAC equipment, parts and supplies to residential and commercial contractors, has been awarded new territories in Northern Georgia and the Metro Atlanta area from its OEM partner American Standard, a division of Trane Technologies (NYSE: TT). ...

Trane Technologies' stock has surged over 14% since March 2024, driven by strong commercial HVAC growth and a robust backlog of $7.5 billion. The company reported 19% growth in orders and 13% revenue growth, raising guidance for FY24 and projecting a 12% annual revenue growth. Anticipated interest rate cuts in 2025 could boost Trane's new residential business, further supporting the 'Strong Buy...