Trane Technologies Q3: Strong North America And Weak China
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.
Trane Technologies plc (TT) Q3 2024 Earnings Call Transcript
Trane Technologies plc (NYSE:TT ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Zac Nagle - Vice President, Investor Relations Dave Regnery - Chair & Chief Executive Officer Chris Kuehn - Executive Vice President & Chief Financial Officer Conference Call Participants Scott Davis - Melius Research Chris Snyder - Morgan Stanley Julian Mitchell - Barclays Andy Kaplowitz - Citi Joe Ritchie - Goldman Sachs Nigel Coe - Wolfe Research Sahil Manocha - RBC Capital Markets Andrew Obin - Bank of America Tommy Moll - Stephens Noah Kaye - Oppenheimer Operator Good morning. Welcome to the Trane Technologies Q3 2024 Earnings Conference Call.
Trane Technologies Q3 Earnings Beat Estimates, Rise Y/Y
TT's third-quarter 2024 earnings and revenues improve year over year.
Trane Technologies (TT) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Trane Technologies (TT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Trane Technologies (TT) Q3 Earnings and Revenues Beat Estimates
Trane Technologies (TT) came out with quarterly earnings of $3.37 per share, beating the Zacks Consensus Estimate of $3.23 per share. This compares to earnings of $2.79 per share a year ago.
Here's Why Trane Technologies (TT) is a Strong Momentum Stock
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Curious about Trane Technologies (TT) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Trane Technologies (TT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
These 2 Business Services Stocks Could Beat Earnings: Why They Should Be on Your Radar
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Trane Technologies (TT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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.
Why Trane Technologies (TT) is a Top Growth Stock for the Long-Term
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Here's Why Trane Technologies Stock is a Great Pick Right Now
TT's proactive stance toward sustainability and growth is commendable. Shareholder-friendly approach bodes well for the company.
Why Trane Technologies (TT) is a Top Momentum Stock for the Long-Term
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