Trane Technologies PLC Class A
TT: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$844.00 | Kdyjhtw | Kfsqpjrk |
Trane Technologies Raises 2022 Guidance Again; We See Growth in 2023 Despite Economic Uncertainty
Trane Technologies reported strong third-quarter results that featured 17.5% year-over-year revenue growth (19% organic), 60 basis points of adjusted operating margin expansion (to 16.7%), and a 26% increase in adjusted EPS from continuing operations (to $2.27).