Trane Technologies Q3 Profit Rises to $1.048 Billion, Revenue Up 17.7%

Trane Technologies plc (TT) reported third-quarter net income of $1.048 billion, or $4.74 per share, up from $847.6 million, or $3.78 per share, a year earlier, the company said Thursday. Excluding items, adjusted earnings came to $1.074 billion, or $4.86 per share. Revenue rose 17.7% to $6.759 billion from $5.742 billion. The company issued full-year EPS guidance of $15.20 to $15.30 and revenue growth guidance of 13.5%. Non-GAAP figures reflect continuing operations.