Trane Technologies plc

Trane Technologies Plc is a global climate innovator, which engages in providing efficient and sustainable climate solutions to buildings, homes, and transportation. Its strategic brands include Trane and Thermo King. It operates through the following segments: Americas, EMEA, and Asia Pacific. The Americas segment encompasses commercial heating and cooling systems, building controls, and energy services and solutions; residential heating and cooling; and transport refrigeration systems and solutions in North America and Latin America regions. The EMEA segment encompasses heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions in Europe, Middle East, and Africa regions. The Asia Pacific segment encompasses heating and cooling systems, services and solutions for commercial buildings and transport refrigeration systems and solutions in Asia Pacific region. The company was founded in 1871 and is headquartered in Swords, Ireland.

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Earnings data Q4 2024

Trane Technologies excels in 2022, poised for continued growth

Trane Technologies' strong 2022 performance, driven by organic revenue growth and a focus on innovation, positions the company for continued success in 2023. With a strategic capital allocation plan, emphasis on market outperformance, and investments in key growth areas, Trane is poised to deliver differentiated shareholder returns. Challenges in supply chain management are being addressed to ensure sustained growth and customer satisfaction.

Trane Technologies excels in Q1, eyes carbon reduction and tech innovation

Trane Technologies' Q1 performance reflects strong financial metrics, a purpose-driven approach to sustainability, and a focus on innovation. Despite challenges in certain business segments and regions, the company's strategic investments and positive market outlook position it well for continued growth and profitability.

Trane Technologies excels in Q2, eyes sustainable growth opportunities

Trane Technologies' strong Q2 performance, strategic focus on sustainability, and robust backlog position the company for continued growth.
Challenges include moderating price benefits, labor market impacts, and transitioning to new refrigerants, but opportunities in technology acquisitions and cooling solutions abound.
Balanced capital deployment, strong revenue growth, and a resilient portfolio underscore Trane Technologies' resilience and long-term potential.
With a clear vision for a sustainable world, Trane Technologies navigates challenges and seizes opportunities to drive growth and innovation.

Trane Technologies reports strong Q3 results and eyes sustainable growth

Trane Technologies' Q3 2023 showcased robust performance, strategic strengths, some challenges, and promising opportunities for future growth.
The company's focus on sustainability, innovation, and customer relationships underpins its strong financial results and outlook.
Despite certain challenges like pricing pressures and refrigerant transitions, Trane Technologies remains well-positioned for continued success.
Overall, Trane Technologies' performance, backed by a solid strategy and market positioning, bodes well for sustained growth and shareholder returns.

Trane Technologies excels in Q4, eyes growth amidst sector challenges

Trane Technologies' Q4 performance showcases resilience amidst challenges, with a focus on sustainability, innovation, and growth. The company anticipates strong financial results in 2024, balancing sector impacts with strategic investments and a commitment to sustainability.

Trane Technologies excels in Q1 2024, eyes growth opportunities

Trane Technologies' Q1 2024 performance reflects strong growth, particularly in commercial HVAC and services.
Strategic focus on sustainability, innovation, and balanced capital allocation underpin the company's success.
Challenges in residential business growth and applied systems complexity require attention for sustained performance.
Opportunities lie in continued investments, data center solutions, services attachment rate, and strategic acquisitions.

Trane Technologies reports record Q2 bookings and raises full-year guidance

Trane Technologies' Q2 performance reflects strong growth in bookings and revenues, particularly in the Americas. While facing challenges in certain regions, the company remains optimistic about its full-year outlook and is committed to sustainable strategies and investments.

Trane Technologies excels in Q3 2024, eyes growth opportunities

Trane Technologies' Q3 2024 performance reflects strong growth driven by a purpose-driven strategy and operational excellence.
While challenges exist in market dynamics and policy impacts, the company's focus on innovation and strategic investments positions it well for future growth.
Opportunities for expansion and market leadership through raised guidance and sustainable solutions highlight a positive outlook for Trane Technologies.

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Trane Technologies Plc engages in providing solutions to buildings, homes, and transportation. It operates through the following business segments: Americas, EMEA, and Asia Pacific. The Americas segment encompasses commercial heating and cooling systems, building controls, and energy services and solutions, residential heating and cooling, and transport refrigeration systems, and solutions in North America and Latin America regions. The EMEA segment includes heating and cooling systems, services and solutions for commercial buildings, and transport refrigeration systems and solutions in Europe, Middle East, and Africa regions. The Asia Pacific segment is involved in heating and cooling systems, services and solutions for commercial buildings and transport refrigeration systems and solutions in Asia Pacific region. The company was founded in 1871 and is headquartered in Swords, Ireland.

Several analysts have lowered the price target for Trane Technologies PLC TT after the company's Q4 results. Thousands of new traders are learning the ins and outs on how to find profitable trades every day with Benzinga Trading School.

Analysts Cut Trane Technologies Price Target Post Q4 Results

Trane Technologies' (TT) fourth-quarter 2021 earnings and revenues improve year over year.

Trane Technologies (TT) Q4 Earnings Beat Estimates, Up Y/Y

Trane Technologies (NYSE: TT) reports $1.36 fourth-quarter EPS, which tops the $1.31 analyst estimates by $0.05. The company recorded $3.6 billion in revenue, which was more than the $3.55 billion consensus estimate.

Trane tops fourth-quarter estimates

Trane Technologies plc (TT) CEO Dave Regnery Q4 2021 Results - Earning Call Transcript

Trane Technologies (TT) delivered earnings and revenue surprises of 3.82% and 1.13%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Trane Technologies (TT) Surpasses Q4 Earnings and Revenue Estimates

Trane Technologies PLC  TT reported fourth-quarter revenue growth of 12% year-over-year to $3.57 billion and +11% on an organic basis, beating the consensus of $3.55 billion.  [ALERT] Nic Chahine shares his Bear Market Beating options trading strategy.

Trane Technologies Clocks 28% Bookings Growth In Q4; Beats Consensus

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $1.35 for the fourth quarter of 2021. Adjusted continuing EPS was $1.36, up 32 percent, which excludes $11.2 million related to planned restructuring and transformation costs offset by the release of a pension indemnification. Fourth-Quarter 2021 Results Financial Comparisons - Fourth-Quarter Continuing Operations $, millio

Trane Technologies Reports Strong Fourth-Quarter and Full-Year 2021 Results; Begins 2022 with Record Backlog

Trane Technologies' (TT) fourth-quarter 2021 earnings and revenues are likely to have increased year over year.

What's in Store for Trane Technologies (TT) in Q4 Earnings?

SWORDS, Ireland--(BUSINESS WIRE)-- #ESG--Trane Technologies plc (NYSE:TT), a global climate innovator, has been named one of America's Most JUST Companies for the fifth consecutive year, and a member of the JUST 100 by JUST Capital. Trane Technologies ranked second among companies in the building materials & packaging industry, and moved up 67 spots overall since the previous year for its outstanding commitments to its employees, community and the environment. JUST Capital is a not-for-profit that

Trane Technologies Named to JUST Capital's 2022 JUST 100 List

SWORDS, Ireland--(BUSINESS WIRE)-- #challengepossible--Thermo King®, the transport refrigeration brand of global climate innovator Trane Technologies (NYSE: TT), announced it will be first in the industry to transition to a lower global warming potential (GWP) refrigerant as standard in its truck and trailer units. This will reduce the carbon footprint of refrigerants used by its customers' long-haul, middle-mile and last-mile delivery fleets by nearly 50% or approximately 650,000 metric tons of CO2e annually, equi

Trane Technologies' Thermo King to Reduce Global Warming Potential of Transport Refrigeration by Nearly Fifty Percent

SWORDS, Ireland--(BUSINESS WIRE)-- #challengepossible--Trane Technologies (NYSE: TT), a global climate innovator, today announced that Marcia Avedon, Ph.D., executive vice president and chief human resources, marketing and communications officer, has announced her planned retirement from the company in April 2022 after 15 years of service and a distinguished career. Mairéad Magner has been named senior vice president and chief human resources officer, and Carrie Amendum Ruddy has been named senior vice president an

Trane Technologies Announces Human Resources, Communications and Marketing Leadership Transition

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its fourth quarter 2021 financial results on Monday, January 31, 2022, at 10 a.m. ET. The company will issue its fourth quarter earnings release and earnings presentation in advance of the call; both will be available on the Trane Technologies website. A real-time, listen-only webcast of the conference call will be broadcast live over the internet. Individuals w

Trane Technologies Schedules Fourth Quarter 2021 Earnings Conference Call

Trane Technologies (TT) focuses on improving its business operating system and innovation through transformation initiatives and investments.

Reasons to Retain Trane Technologies (TT) Stock For Now

SWORDS, Ireland--(BUSINESS WIRE)-- #challengepossible--Trane – by Trane Technologies (NYSE: TT), a global climate innovator – is introducing new digital indoor environmental quality (IEQ) management solutions that provide building owners and facility managers with actionable insights for healthier and more efficient indoor spaces and occupants' peace of mind. IEQ remains a primary concern as people return to offices, restaurants, shopping, and travel and entertainment. Building owners and facility managers are incr

Trane Introduces New Wellsphere™ Digital Indoor Environmental Quality Management Solutions for Smarter, Healthier Spaces

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Mizuho analyst Brett Linzey initiated coverage of five Building Products companies. The analyst initiated Lennox International Inc. (NYSE:LII) with an Underperform rating and a price target of $295, implying a downside of 9.28%.

Mizuho Bullish On Johnson Controls, Allegion; Neutral On Trane, Carrier Global; Bearish On Lennox

LAHTI, Finland--(BUSINESS WIRE)-- #EnvironmentTechnology--Oilon, the Finnish energy and environmental technology company, has signed a collaboration agreement with Trane®.

Oilon: HVAC Industry Leader Goes With Environmentally Friendly Heat Pump Technology Developed in Finland

We think that Trane Technologies stock , a heating, ventilating and air conditioning systems, building management systems, and controls company, currently is a better pick compared to its industry peer Johnson Controls stock, despite Trane Technologies being the more expensive of the two.

This HVAC Company Appears To Be A Better Bet Over Johnson Controls Stock

Trane Technologies (TT) reported earnings 30 days ago. What's next for the stock?

Trane Technologies (TT) Up 5.3% Since Last Earnings Report: Can It Continue?

Trane Technologies PLC (NYSE: TT) intends to raise its dividend by 14% from 1Q22. The quarterly dividend will increase from $0.59 to $0.67 per share, increasing annually from $2.36 to $2.68 per share.

Trane Technologies Names CEO Dave Regnery As Chair Of Board; Boosts Dividend By 14%

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies Announces Intention to Increase Annual Dividend

Trane Technologies Announces Intention to Increase Annual Dividend by 14 Percent

SWORDS, Ireland--(BUSINESS WIRE)--Dave Regnery named chair of the Board for Trane Technologies

Trane Technologies CEO Dave Regnery Named Chair of the Board of Directors

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, announced today that company leadership will participate in a virtual fireside chat at the Credit Suisse Global Industrials Conference. They will speak at 11:30 AM ET on Friday, December 3, 2021. The live webcast will be accessible on the Trane Technologies website at www.tranetechnologies.com under the investor relations section. An archive of the webcast will be available for 30 days following the

Trane Technologies to Present at the Virtual Credit Suisse Global Industrials Conference

SWORDS, Ireland--(BUSINESS WIRE)--Thermo King®, the transport refrigeration brand of global climate innovator Trane Technologies (NYSE: TT), today premiered its trailer refrigeration system with zero direct carbon emissions at the Solutrans international trade show in Lyon, France. The Thermo King® AxlePower technology combines a fully electric refrigeration unit, highly efficient battery storage, and the ability to run on low or zero-emissions power sources, such as an axle energy recovery sys

Trane Technologies' Thermo King® Announces Refrigerated Trailer System with Zero Direct Carbon Emissions

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, has been named to the S&P Dow Jones Sustainability North America Index for the eleventh consecutive year and also this year appears on the World Index. The company performed in the 95th percentile in the Capital Goods industry in the S&P Global Corporate Sustainability Assessment (Score date: Nov. 12, 2021). “Our continued inclusion on the S&P Dow Jones Sustainability North America and World

Trane Technologies Named to the S&P Dow Jones Sustainability Indices for 11th Consecutive Year

Trane Technologies (TT) continues to focus on steps to increase revenue stream from parts, services, controls, used equipment and rentals.

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