DUBLIN (AP) — DUBLIN (AP) — Trane Technologies plc (TT) on Wednesday reported second-quarter net income of $874.8 million.
The Dublin-based company said it had profit of $3.89 per share. Earnings, adjusted for one-time gains and costs, came to $3.88 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.76 per share.
The manufacturer posted revenue of $5.75 billion in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $5.76 billion.
Trane Technologies expects full-year earnings to be $13.05 per share.
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