Trane Technologies: Q2 Earnings Snapshot
DUBLIN (AP) — DUBLIN (AP) — Trane Technologies plc (TT) on Wednesday reported second-quarter net income of $586.2 million.
The Dublin-based company said it had net income of $2.55 per share. Earnings, adjusted for one-time gains and costs, were $2.68 per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.55 per share.
The manufacturer posted revenue of $4.7 billion in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $4.62 billion.
Trane Technologies expects full-year earnings in the range of $8.80 to $8.90 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TT at https://www.zacks.com/ap/TT