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Stock impact report

Trane Technologies Q1 Earnings & Revenues Beat Estimates, Rise Y/Y [Yahoo! Finance]

Trane Technologies plc (TT) 
Company Research Source: Yahoo! Finance
Revenues of $4.7 billion beat the consensus mark by 5.1% and rose 11.2% year over year on a reported basis and organically. Bookings were up 4% year over year on a reported basis and organically. Trane Technologies plc price-consensus-eps-surprise-chart | Trane Technologies plc Quote The Americas segment's revenues of $3.8 billion were higher than our estimate of $3.6 billion, and increased 14% year over year on a reported basis and 13% organically. Bookings were up 5% on a reported basis and organically to $4.2 billion. The Europe, Middle East and Africa segment's revenues came in at $573.5 million, up 4% year over year on a reported basis and 6% organically, beating our estimate of $544.4 million. Bookings were up 9% year over year on a reported basis and 13% organically to $720.7 million. Revenues from the Asia Pacific segment were down 4% year over year on a reported basis and down 3% organically to $314.3 million, beating our estimate of $310.5 million. Bookings were dow Show less Read more
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