From Barchart: 2025-05-05 19:38:00

Trane Technologies (NYSE: TT) exceeded Q1 CY2025 revenue expectations with sales up 11.2% to $4.69 billion and non-GAAP profit of $2.41 per share, beating analyst estimates by 9.4%. Commercial HVAC demand was strong across various sectors, while the residential segment saw growth driven by new refrigerant products. The company plans to offset tariff costs through price increases and supply chain adjustments. Management remains confident in delivering results at the high end of guidance ranges for the year. Trane Technologies trades at a forward P/E ratio of 30.8x.

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Read more at Barchart: Trane Technologies Exceeds Expectations, Focuses on Pricing Amid Tariffs