Benzinga | Oct 28, 2020 07:34AM EDT

Recap: Trane Technologies Q3 Earnings

Shares of Trane Technologies (NYSE:TT) decreased 0.1% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 13.57% over the past year to $1.72, which beat the estimate of $1.35.

Revenue of $3,496,000,000 declined by 19.52% from the same period last year, which beat the estimate of $3,160,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Trane Technologies hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 28, 2020

Time: 10:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.tranetechnologies.com%2F&eventid=2625851&sessionid=1&key=D0745A9286BDCA3F9C45737EF6114386&regTag=&sourcepage=register

Price Action

52-week high: $132.26

Company's 52-week low was at $70.00

Price action over last quarter: Up 11.56%

Company Profile

Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $13 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 70% of its revenue.