Trane Technologies: Q4 Earnings Snapshot

Associated Press Finance

01-30

DUBLIN (AP) — DUBLIN (AP) — Trane Technologies plc (TT) on Thursday reported fourth-quarter profit of $604.3 million.

The Dublin-based company said it had profit of $2.66 per share. Earnings, adjusted for pretax gains, came to $2.61 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.54 per share.

The manufacturer posted revenue of $4.87 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $4.77 billion.

For the year, the company reported profit of $2.57 billion, or $11.24 per share. Revenue was reported as $19.84 billion.

Trane Technologies expects full-year earnings in the range of $12.70 to $12.90 per share.

_____

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

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Earnings, adjusted for pretax gains, came to $2.61 per share.</p>\n<p>The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.54 per share.</p>\n<p>The manufacturer posted revenue of $4.87 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $4.77 billion.</p>\n<p>For the year, the company reported profit of $2.57 billion, or $11.24 per share. Revenue was reported as $19.84 billion.</p>\n<p>Trane Technologies expects full-year earnings in the range of $12.70 to $12.90 per share.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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