Trane Technologies (TT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Trane Technologies is a profitable growth stock with a strong commitment to sustainability. Analysts expect double-digit earnings increases through 2026 and this analyst has a one-year price target of $450.00. The company's Q3-2024 results beat estimates, with revenue and earnings growth, a growing backlog, and a robust capital allocation strategy, including dividends and share buybacks.
TT benefits from differentiated customer-driven solutions and shareholder-friendly policies.
If you're looking for high-powered growth stocks, you're first instinct is probably to look in the tech sector. That makes sense.
Trane Technologies (TT 0.06%) is quietly having a fantastic year. Shares of the heating and cooling solutions company have gained 55% this year at recent prices, crushing the S&P 500 's 23% rally.
TT stock is benefiting from the company's consecutive better-than-expected bottom-line performance and shareholder-friendly moves.
Trane Technologies (TT) reported earnings 30 days ago. What's next for the stock?
Does Trane Technologies (TT) have what it takes to be a top stock pick for momentum investors? Let's find out.
Trane Technologies (TT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
TT consistently rewards its shareholders through dividend payments and share repurchases.
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Trane's Q3 shows strong business growth in North America, alongside some weakness in China. During the quarter, the Company experienced a significant revenue decline in China, with a 50% drop in bookings and a 45% decrease in revenue. The strong growth during the quarter was led by TT's North America business. More specifically, its residential HVAC business in North America grew by 20% year-over-year.