Trane Technologies (NYSE:TT) reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Trane Technologies beat estimated earnings by 5.22%, reporting an EPS of $1.41 versus an estimate of $1.34.
Revenue was up $310.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.17 which was followed by a 0.35% increase in the share price the next day.
Here’s a look at Trane Technologies’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.65 | 2.11 | 2.11 | 0.99 |
| EPS Actual | 1.82 | 2.27 | 2.16 | 1.12 |
| Revenue Estimate | 3.95B | 4.16B | 4.14B | 3.16B |
| Revenue Actual | 4.07B | 4.37B | 4.19B | 3.36B |
To track all earnings releases for Trane Technologies visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
