Trane Technologies: Q1 Earnings Insights

Trane Technologies TT reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Trane Technologies beat estimated earnings by 5.22%, reporting an EPS of $1.41 versus an estimate of $1.34.

Revenue was up $310.00 million from the same period last year.

Last quarter the company beat on EPS by $0.17 which was followed by a 0.35% increase in the share price the next day.

Here's a look at Trane Technologies's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	1.65	2.11	2.11	0.99
EPS Actual	1.82	2.27	2.16	1.12
Revenue Estimate	3.95B	4.16B	4.14B	3.16B
Revenue Actual	4.07B	4.37B	4.19B	3.36B

To track all earnings releases for Trane Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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