Trane Technologies plc ($TT) Q3 2024 Earnings Preview

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Trane Technologies plc (NYSE: TT) is set to announce its financial results for the third quarter of 2024 on Wednesday 30th October 2024. This highly anticipated announcement is scheduled to take place before market open. Investors will have the opportunity to learn more about the company's performance during the quarter.

It is anticipated by financial experts on Wall Street that the organization is set to announce an estimated $3.24 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $5.32 billion for this period.

In the same three months of the year before, the company made income of $2.79 per share, as shown in their financial report. This number came from the total revenue of $4.88 billion that the company earned in that particular quarter.

According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $19.57 billion. Additionally, they forecast the earnings per share to hit profit of $10.9 for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $3.30 +23.1% 5.31 B +12.8%
Q1 2024 $1.94 +37.6% 4.22 B +15.0%
Q4 2023 $2.17 +19.2% 4.42 B +8.6%
Q3 2023 $2.79 +22.9% 4.88 B +11.7%
Q2 2023 $2.68 +24.1% 4.71 B +12.3%
*Growth on year-over-year basis

 

The business has scheduled a conference call on 30th October 2024 at 10:00 AM eastern time to discuss Q3 financial results.

Trane Technologies plc (TT) closed Monday's regular trading session at $392.76, reflecting a 0.05 percent rise. During the day, TT shares traded between $392.72 and $396.00, with a day volume of 830.10 thousand shares.