Trane (TT) Gains From Global HVAC Demand Amid High Competition
TTTrane Technologies(TT) zacks.com·2024-05-27 20:50

Trane Technologies (TT) has had an impressive run over the past six months, wherein the company’s shares have gained 51.7%, outperforming the 25.9% rally of the industry it belongs to and the 16.6% rise of the Zacks S&P 500 composite. TT reported better-than-expected first-quarter 2024 results. The adjusted EPS of 1.94surpassedtheZacksConsensusEstimateby18.31.94 surpassed the Zacks Consensus Estimate by 18.3% and increased 37.6% year over year. Revenues of 4.2 billion beat the consensus mark by 5.7% and increased 15% year over year on a reported ba ...