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Shares of Trane Technologies (NYSE:TT) moved higher by 0.1% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 274.07% over the past year to $1.01, which beat the estimate of $0.62.
Revenue of $3,018,000,000 up by 277.30% from the same period last year, which beat the estimate of $2,860,000,000.
Looking Ahead
The upcoming fiscal year's EPS expected to be between $6.00 and $6.00.
The upcoming fiscal year's revenue expected to be between $13,763,000,000 and $13,763,000,000.
Conference Call Details
Date: May 05, 2021
Time: 10:00 AM
Recent Stock Performance
52-week high: $177.20
52-week low: $73.73
Price action over last quarter: Up 17.28%
Company Overview
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $12.5 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 70% of its revenue.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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