DUBLIN (AP) — DUBLIN (AP) — Trane Technologies plc (TT) on Thursday reported first-quarter earnings of $584.4 million.
The Dublin-based company said it had net income of $2.62 per share. Earnings, adjusted for one-time gains and costs, were $2.63 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.53 per share.
The manufacturer posted revenue of $4.97 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $4.79 billion.
Trane Technologies expects full-year earnings in the range of $14.75 to $14.95 per share.
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