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.

Earnings data Q1 2021

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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.

Trane Technologies' (TT) second-quarter 2022 earnings and revenues improved year over year.

Trane Technologies (TT) Q2 Earnings Beat Estimates, Up Y/Y

Trane Technologies (TT) delivered earnings and revenue surprises of 2.86% and 1.17%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Trane Technologies (TT) Q2 Earnings and Revenues Surpass Estimates

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $2.17 for the second quarter of 2022. Adjusted continuing EPS was $2.16, up 13 percent, which excludes a net gain of $3.3 million related primarily to non-cash adjustments, transformation and other restructuring costs. Second-Quarter 2022 Results Financial Comparisons - Second-Quarter Continuing Operations $, millions excep

Trane Technologies Reports Record Second-Quarter 2022 Results; Raises Full-Year Revenue and EPS Guidance

Trane Technologies' (TT) second-quarter 2022 earnings and revenues are likely to have increased year over year.

What's in Store for Trane Technologies (TT) in Q2 Earnings?

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Trane Technologies (TT) has a consistent record of rewarding its shareholders through dividend payments and share repurchases.

Here's Why a Hold Strategy is Apt for Trane Technologies (TT) Now

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, will host a conference call to discuss its second quarter 2022 financial results on Wednesday, August 3, 2022, at 10 a.m. ET. The company will issue its second 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

Trane Technologies Schedules Second Quarter 2022 Earnings Conference Call

SWORDS, Ireland--(BUSINESS WIRE)-- #tranetechnologies--Dave Regnery, chair and CEO of Trane Technologies (NYSE: TT), a global climate innovator, issued the following statement regarding the 6-3 ruling from the Supreme Court of the United States in the environmental enforcement case West Virginia v. EPA. “The urgency to solve for climate change grows greater every day, and Trane Technologies has made it our purpose to boldly challenge what's possible for a sustainable world. With the recent Supreme Court ruling on c

Trane Technologies Statement on Supreme Court Ruling in West Virginia v. Environmental Protection Agency (EPA)

SWORDS, Ireland--(BUSINESS WIRE)--Thermo King® by Trane Technologies (NYSE: TT), a global climate innovator, today launched a new research and development (R&D) center adjacent to its sustainable manufacturing operations in Galway, Ireland. The R&D center, with capacity for up to 70 engineers, adds to the company's electrification design and engineering capabilities in Europe, which includes an R&D center in Essen, Germany. It is part of the company's more than $100 million investme

Thermo King® by Trane Technologies Accelerates Electrification Innovation in Europe with New Research & Development Center

SWORDS, Ireland--(BUSINESS WIRE)-- #GPTWCertified--Trane Technologies (NYSE:TT), a global climate innovator, has been Certified™ by Great Place to Work® for the second year in a row. The recertification recognizes employers who create an outstanding employee experience and is based entirely on feedback from current Trane Technologies employees. “At Trane Technologies, we strive to create a working environment where our employees are proud to work for our company, energized by their work and optimistic about the

Trane Technologies Recertified by Great Place to Work®

DAVIDSON, N.C.--(BUSINESS WIRE)-- #STEM--Global climate innovator Trane Technologies (NYSE:TT) has provided the Science Museum of Minnesota with over $280,000 to support the Kitty Andersen Youth Science Center (KAYSC) STEM Freedom School. The donation will complete the funding needed for the KAYSC's summer program combining the Science Museum's innovative approach to STEM education and workforce development with the highly effective Children's Defense Fund (CDF) Freedom School model. Freedom Schools ar

Trane Technologies Announces Sponsorship of the Science Museum of Minnesota's KAYSC STEM Freedom School

Reasons to Retain Trane Technologies' (TT) Stock For Now

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

Why Is Trane Technologies (TT) Up 2% Since Last Earnings Report?

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, held its 2022 Annual General Meeting of shareholders in Adare, Ireland. During the Annual General Meeting, the company's shareholders considered six proposals: nominations to reelect 11 members of Trane Technologies' Board of Directors; advisory approval of the compensation of the company's named executive officers; appointment of independent auditors and authorization of the Audit Committee to set t

Trane Technologies Reports Results of Voting from 2022 Annual General Meeting, Declares Quarterly Dividend

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies (NYSE:TT), a global climate innovator, recently earned several prestigious awards and rankings that recognize the company's ongoing leadership in Environmental, Social and Governance (ESG). The accolades include: induction into the Climate Leadership Awards Hall of Fame by the Center for Climate and Energy Solutions; Financial Times ‘Europe's Climate Leaders 2022'; and 3BL Media's ‘100 Best Corporate Citizens of 2022'. “As a global climate in

Trane Technologies Recognized for ESG Leadership by Financial Times, Center for Climate and Energy Solutions, 3BL Media

After a significant share price correction, and operational performance continuing to be strong, we believe that shares are now reasonably priced. We estimate an intrinsic value per share a little above recent prices, but the margin of safety is only ~10%.

We Believe Trane Technologies Is Finally In 'Buy' Territory

SWORDS, Ireland--(BUSINESS WIRE)--Trane® – by Trane Technologies (NYSE:TT), a global climate innovator, and the State of New Mexico today announced the completion of the state's first-of-its-kind State Buildings Green Energy Project (SBGEP), a decarbonization-focused initiative, and the State of New Mexico's largest state-owned renewable energy project to date, targeting more than 30 aging buildings in Santa Fe. While helping the state to reach its 2050 net-zero carbon emissions goal, annually

Trane® by Trane Technologies and the State of New Mexico Decarbonize Santa Fe's Aging Buildings, Save Taxpayers $1.1M

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE: TT) a global climate innovator, today announced that company leadership will participate in a virtual fireside chat at the Wolfe Transportation & Industrials Conference. They will speak at 11:30 a.m. ET on Wednesday, May 25, 2022. 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 followi

Trane Technologies to Present Virtually at the Wolfe Transportation & Industrials Conference

DAVIDSON, N.C. & SILVER SPRING, Md.--(BUSINESS WIRE)--Today, Trane Technologies (NYSE: TT), a global climate innovator, and Discovery Education, a worldwide edtech leader, announce they have teamed up to launch a multimedia Science, Technology, Engineering, and Math (STEM) education experience for students in grades 5 to 10. The multifaceted learning program includes interactive tools, resources, and volunteers to engage and inspire students to learn, think, and solve the world's biggest sustai

Trane Technologies and Discovery Education Launch a New National STEM Education Initiative to Inspire Students to be Climate Innovators

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Why Trane Technologies (TT) is a Top Value Stock for the Long-Term

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies is one of the first companies to be net-zero approved by the Science Based Targets Initiative (SBTi).

Trane Technologies Becomes One of the World's First Net-Zero Approved Companies with Latest Validation by the Science Based Targets Initiative

Trane Technologies' (TT) first-quarter 2022 earnings and revenues improve year over year.

Trane Technologies' (TT) Q1 Earnings Beat Estimates, Up Y/Y

Trane Technologies plc (NYSE:TT ) Q1 2022 Earnings Conference Call May 4, 2022 10:00 AM ET Company Participants Zach Nagle - Vice President of Investor Relations Dave Regnery - Chairman & Chief Executive Officer Chris Kuehn - Executive Vice President & Chief Financial Officer Conference Call Participants Scott Davis - Melius Research Joe Ritchie - Goldman Sachs John Walsh - Credit Suisse Andy Kaplowitz - Citigroup Julian Mitchell - Barclays Josh Pokrzywinski - Morgan Stanley Steve Tusa - JPMorgan Nigel Coe - Wolfe Research Andrew Obin - Bank of America Deane Dray - RBC Operator Good morning. Welcome to the Trane Technologies Q1 2022 Earnings Conference Call.

Trane Technologies plc (TT) CEO Dave Regnery Q1 2022 Results - Earnings Call Transcript

Trane Technologies (TT) delivered earnings and revenue surprises of 12% and 6.22%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Trane Technologies (TT) Tops Q1 Earnings and Revenue Estimates

SWORDS, Ireland--(BUSINESS WIRE)--Trane Technologies plc (NYSE:TT), a global climate innovator, today reported diluted earnings per share (EPS) from continuing operations of $1.13 for the first-quarter of 2022. Adjusted continuing EPS was $1.12, up 11 percent, which excludes a net gain of $3.3 million related primarily to non-cash adjustments, transformation and other restructuring costs. First-Quarter 2022 Results Financial Comparisons - First-Quarter Continuing Operations $, millions except E

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