Trane Technologies Q2 Adjusted Earnings, Revenue Increase; 2026 EPS Outlook Raised

MT Newswires Live07-30

Trane Technologies (TT) reported Q2 adjusted earnings Thursday of $4.31 per diluted share, up from $3.88 a year earlier.

Analysts polled by FactSet expected $4.27.

Net revenue for the quarter ended June 30 was $6.35 billion, up from $5.75 billion a year earlier.

An analyst surveyed by FactSet expected $6.20 billion.

For 2026, the company raised its adjusted EPS guidance to $15.20 to $15.30 from $14.75 to $14.95 previously. Analysts surveyed by FactSet expect $14.92.

Revenue growth for the year is now projected at around 11.5%, the company said, up from the previously guided 9.5%.

Shares of the company were up 7% in premarket activity.

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