Trane Technologies plc TT reported upbeat results for the first quarter on Wednesday.The company reported first-quarter net revenue growth of 11% year-over-year to $4.69 billion, surpassing the consensus of $4.46 billion.Bookings increased 4% Y/Y to $5.28 billion in the quarter. Enterprise reported an 11% Y/Y increase in both revenues and organic revenues. Adjusted EPS of $2.45 (+26% Y/Y) surpassed the street view of $2.20.Trane Technologies has reaffirmed its FY25 adjusted EPS guidance range of $12.70-$12. ...

More than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid management team, a sound capital allocation policy, and, most importantly, reasonable valuation. I do not chase quarterly results, nor do I follow the herd mentality. I do not use short-term stock performance as the measure of a company' ...

Trane Technologies plc (TT) reported better-than-expected first-quarter 2025 results.Adjusted EPS of $2.45 surpassed the Zacks Consensus Estimate by 11.4% and increased 26.3% year over year.Revenues of $4.7 billion beat the consensus mark by 5.1% and rose 11.2% year over year on a reported basis and organically. Bookings were up 4% year over year on a reported basis and organically.TT’s Revenues and BookingsThe Americas segment’s revenues of $3.8 billion were higher than our estimate of $3.6 billion, and in ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-Q _______________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34400 TRANE TECHNOLOGIES PLC (Exact name of registrant ...

Trane Technologies (TT) reported $4.69 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 11.2%. EPS of $2.45 for the same period compares to $1.94 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.46 billion, representing a surprise of +5.13%. The company delivered an EPS surprise of +11.36%, with the consensus EPS estimate being $2.20.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Trane Technologies (TT) Q1 2025 Earnings Call April 30, 2025 10:00 AM ET Speaker0 Good morning. Welcome to the Trane Technologies Q1 twenty twenty five Earnings Conference Call. My name is Julianne, and I will be your operator for the call. The call will begin in a few moments with the speakers' remarks and the Q and A session. At this time, all participants are in a listen only mode. Thank you. I will now turn the call over to Zach Nagel, Vice President of Investor Relations. Speaker1 Thanks, operator. Goo ...

Trane Technologies (TT) Q1 2025 Earnings Call April 30, 2025 10:00 AM ET Company Participants Zac Nagle - Vice President of Investor Relations.Dave Regnery - Chairman & Chief Executive OfficerChris Kuehn - Executive Vice President and CFOChris Snyder - Executive DirectorAmit Mehrotra - Managing DirectorScott Davis - CEO & ChairmanJoe Ritchie - Managing DirectorAndrew Kaplowitz - Managing DirectorSteve Tusa - Managing DirectorJeffrey Sprague - Founder and Managing PartnerNigel Coe - Managing DirectorDeane Dr ...

Trane Technologies (TT) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $2.20 per share. This compares to earnings of $1.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.36%. A quarter ago, it was expected that this manufacturer would post earnings of $2.54 per share when it actually produced earnings of $2.61, delivering a surprise of 2.76%.Over the last four quarters, the com ...

First-Quarter 2025 Results April 30, 2025 Forward-Looking Statements This presentation includes "forward-looking" statements within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our future financial performance and targets, including revenue, EPS, operating income, operation margin and earnings; operating leverage; our business operations; demand for our products and services, including bookings and backlog; capital deployment, includ ...

Financial Performance - Diluted earnings per share (EPS) from continuing operations for Q1 2025 was $2.71, a 41% increase from $1.92 in Q1 2024[2] - Net revenues for Q1 2025 were $4.7 billion, reflecting an 11% increase compared to $4.2 billion in Q1 2024[3] - Adjusted net earnings for Q1 2025 were $613.8 million, compared to $441.7 million in Q1 2024, representing a 39% increase[44] - Total company net revenues for the quarter ended March 31, 2025, were $4,688.5 million, an increase from $4,215.5 million in the same quarter of 2024, representing a growth of 11.2%[52] - Operating income for Q1 2025 was $818.9 million, a 29.2% increase from $633.8 million in Q1 2024[44] - GAAP operating income increased by 29% to $819 million, with an operating margin of 17.5%, up 250 basis points year-over-year[3] - Adjusted EBITDA for Q1 2025 was $851 million, a 21% increase from $706 million in Q1 2024, with an adjusted EBITDA margin of 18.1%[3] - Adjusted EBITDA for the quarter was $850.9 million, up from $706.1 million year-over-year, reflecting a growth of 20.5%[56] - The Americas segment reported net revenues of $3.8 billion, a 14% increase year-over-year, with a GAAP operating margin of 19.4%[10] - The Americas segment reported net revenues of $3,800.7 million, with an adjusted operating income of $676.6 million, yielding a margin of 17.8% compared to 16.4% in the prior year[52] - The Asia Pacific segment achieved net revenues of $314.3 million, maintaining an adjusted operating income margin of 21.2%, consistent with the previous year[52] Cash Flow and Assets - Cash flow from continuing operating activities for Q1 2025 was $346 million, with free cash flow of $230 million[19] - Free cash flow for the three months ended March 31, 2025, was $230.2 million, compared to $175.0 million in the same period of 2024, indicating a 31.6% increase[65] - Total current assets decreased to $6,934.3 million from $7,337.8 million at the end of December 2024, primarily due to a reduction in cash and cash equivalents[59] - The company’s cash and cash equivalents at the end of the period were $860.5 million, down from $1,590.1 million at the beginning of the period, indicating a decrease in liquidity[62] Future Guidance - Full-year 2025 revenue growth is expected to be approximately 7.5% to 8.5%, including 100 basis points from acquisitions[24] - Full-year 2025 GAAP continuing EPS is projected to be between $12.95 and $13.15, with adjusted continuing EPS expected between $12.70 and $12.90[24] - Future guidance indicates a positive outlook for revenue and earnings growth, supported by ongoing operational improvements and market expansion efforts[40] Operational Strategies - Organic revenue growth was driven by increased demand and effective cost management strategies[35] - The company plans to continue focusing on merger and acquisition strategies to enhance growth and market presence[33] Tax and Liabilities - The adjusted effective tax rate for Q1 2025 was 17.9%, compared to 19.2% in Q1 2024[46] - The company’s total liabilities decreased slightly to $12,599.9 million from $12,591.8 million at the end of December 2024[59] Capital Expenditures - Capital expenditures for the quarter were $118.9 million, up from $83.8 million in the same period last year, reflecting increased investment in growth initiatives[62] Backlog - Total bookings reached $5.3 billion, up 4% year-over-year, with a book-to-bill ratio of 113%[7] - The enterprise backlog stood at $7.3 billion, an increase of approximately $500 million compared to year-end 2024[7]