Industrial stocks are nearing their November highs, and have more room to run.
Trane Technologies plc (NYSE:TT ) Q4 2024 Earnings Conference Call January 30, 2025 10:00 AM ET Company Participants Zac Nagle - Vice President, Investor Relations Dave Regnery - Chair and Chief Executive Officer Chris Kuehn - Executive Vice President and Chief Financial Officer Conference Call Participants Chris Snyder - Morgan Stanley Julian Mitchell - Barclays Andy Kaplowitz - Citi Amit Mehrotra - UBS Scott Davis - Melius Research Joe Ritchie - Goldman Sachs Steve Tusa - JPMorgan Jeffrey Sprague - Vertical Research Nigel Coe - Wolfe Research Deane Dray - RBC Capital Markets Tommy Moll - Stephens Operator Good morning, and welcome to the Trane Technologies Fourth Quarter 2024 Earnings Conference Call. My name is Regina, and I will be your operator for the call.
TT's fourth-quarter 2024 earnings and revenues increase year over year.
The headline numbers for Trane Technologies (TT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Trane Technologies (TT) came out with quarterly earnings of $2.61 per share, beating the Zacks Consensus Estimate of $2.54 per share. This compares to earnings of $2.17 per share a year ago.
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Trane Technologies (TT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.