Trane Technologies Q1 Earnings & Revenues Beat Estimates, Rise Y/Y

Trane Technologies plc TT reported better-than-expected first-quarter 2025 results.Adjusted EPS of $2.45 surpassed the Zacks Consensus Estimate by 11.4% and increased 26.3% year over year.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 and EPS Surprise Trane Technologies plc price-consensus-eps-surprise-chart | Trane Technologies plc QuoteTT’s Revenues and BookingsThe 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 down 14% year over year on a reported basis and 13% organically to $341 million.Balance Sheet and Cash Flow Figures of TTTrane ended the quarter with a cash balance of $861 million compared with $850 million in the previous year’s first quarter. The debt balance was $4.7 billion compared with $4.8 billion in the March-end quarter of 2024. The company generated $346 million of cash from operating activities and free cash of $230 million in the quarter.TT’s 2025 GuidanceFor 2025, TT expects revenue growth of 7.5-8.5% and organic revenue growth of approximately 7-8% compared with full-year 2024.Adjusted EPS for full-year 2025 is expected to be between $12.70 and $12.90. The guidance is higher than the Zacks Consensus Estimate of $12.66 per share.Trane currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Earnings SnapshotFiserv, Inc. FI reported mixed first-quarter 2025 results. The company’s earnings beat the Zacks Consensus Estimate, while revenues missed the mark.FI’s adjusted earnings per share of $2.14 beat the consensus mark by 2.9% and gained 13.8% year over year. Adjusted revenues of $4.8 billion missed the consensus estimate by 1.6% but rose 5.5% on a year-over-year basis. (See the Zacks Earnings Calendar to stay ahead of market-making news.)The Interpublic Group of Companies, Inc. IPG reported mixed first-quarter 2025 results. The company’s earnings topped the Zacks Consensus Estimate, while revenues missed the mark.IPG’s adjusted earnings of 33 cents per share surpassed the Zacks Consensus Estimate by 10% but decreased 8.3% from the year-ago quarter. Revenues before billable expenses (net revenues) of $2 billion missed the consensus estimate by a slight margin and declined 20% year over year. Total revenues of $2.3 billion decreased 7.2% year over year but outpaced the Zacks Consensus Estimate of $2 billion.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interpublic Group of Companies, Inc. (The) (IPG): Free Stock Analysis Report Fiserv, Inc. (FI): Free Stock Analysis Report Trane Technologies plc (TT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks