Apr. 30 at 1:40 PM
$TT Trane Technologies CRUSHES Q1 expectations!
Double Beat: Adj. EPS
$2.63 (vs
$2.53 est); Revs
$4.97B (+6% YoY) beat
$4.81B consensus.
Massive Demand: Bookings up 24%, led by 40% growth in Americas Commercial HVAC.
Record Backlog:
$10.7B (up 30%+ from year-end), providing massive visibility for 2026.
Guidance Raise: FY26 Revs expected +9.5%; EPS raised to
$14.75-
$14.95.
Stock trading around
$484.77. Fundamentals are rock solid with exceptional sustainable product demand.