DUBLIN (AP) — DUBLIN (AP) — Trane Technologies plc (TT) on Thursday reported second-quarter earnings of $925.7 million.
On a per-share basis, the Dublin-based company said it had profit of $4.16. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to $4.31 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $4.27 per share.
The manufacturer posted revenue of $6.35 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $6.18 billion.
Trane Technologies expects full-year earnings in the range of $15.20 to $15.30 per share.
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