Here's What to Expect from Trane Technologies’ Next Earnings Report

Swords, Ireland-based Trane Technologies plc (TT) designs, manufactures, sells and services climate control products for heating, ventilation, air conditioning and transport solutions. Valued at $87.6 billion by market cap, Trane employs over 40,000 people, with operations spanning various countries across the Americas, Indo-Pacific and EMEA.

The HVAC giant is expected to announce its fourth-quarter results before the market opens on Thursday, Jan. 30. Ahead of the event, Trane is expected to report a non-GAAP profit of $2.53 per share, up 16.6% from $2.17 per share reported in the year-ago quarter. Furthermore, the company has surpassed Wall Street’s bottom-line expectations in each of the past four quarters. Its adjusted EPS for the last reported quarter surged 20.8% year-over-year to $3.37, exceeding analysts' estimates by 4.3%.