Skip to main content

Market Overview

Recap: Trane Technologies Q3 Earnings

Share:

Shares of Trane Technologies (NYSE:TT) decreased 0.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 13.57% over the past year to $1.72, which beat the estimate of $1.35.

Revenue of $3,496,000,000 declined by 19.52% from the same period last year, which beat the estimate of $3,160,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Trane Technologies hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 28, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.tranetechnologies.com%2F&eventid=2625851&sessionid=1&key=D0745A9286BDCA3F9C45737EF6114386&regTag=&sourcepage=register

Price Action

52-week high: $132.26

Company's 52-week low was at $70.00

Price action over last quarter: Up 11.56%

Company Profile

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 $13 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.

 

Related Articles (TT)

View Comments and Join the Discussion!

Posted-In: Earnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com