Trane Technologies plc TT reported mixed first-quarter 2025 results, wherein earnings beat the Zacks Consensus Estimate, but revenues missed the same.
Adjusted EPS of $3.88 surpassed the Zacks Consensus Estimate by 3.2% and increased 17.6% year over year.
Revenues of $5.75 billion marginally missed the consensus mark by 0.3% but rose 8.3% year over year on a reported basis and organically. Bookings were up 5% year over year on a reported basis and 4% year over year organically.
Trane Technologies plc Price, Consensus and EPS Surprise
Trane Technologies plc price-consensus-eps-surprise-chart | Trane Technologies plc Quote
TT’s Revenues and Bookings
The Americas segment’s revenues of $4.7 billion missed our estimate of $4.76 billion but increased 9% year over year on a reported basis and organically. Bookings were up 8% on a reported basis and 7% organically to $4.54 billion.
The Europe, Middle East and Africa segment’s revenues came in at $707.9 million, up 10% year over year on a reported basis and 3% organically, beating our estimate of $641.2 million. Bookings were up 5% year over year on a reported basis and decreased 2% organically to $669.4 million.
Revenues from the Asia Pacific segment were down 7% year over year on a reported basis and 8% organically to $346.2 million, beating our estimate of $333.3 million. Bookings declined 16% year over year on a reported basis and 17% organically to $377.7 million.
Balance Sheet and Cash Flow Figures of TT
Trane ended the quarter with a cash balance of $774.2 million compared with $1.6 billion in the December-end quarter of 2024. The debt balance was $3.9 billion compared with $4.3 billion in the December-end quarter of 2024. The company generated $1.04 billion of cash from operating activities and free cash of $841 million in the quarter.
TT’s 2025 Guidance
For 2025, TT expects revenue growth of approximately 9% and organic revenue growth of approximately 8% compared with full-year 2024.
Adjusted EPS for full-year 2025 is expected to be approximately $13.05. The guidance is higher than the Zacks Consensus Estimate of $12.92.
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 Snapshot
Fiserv, Inc. FI reported mixed second-quarter 2025 results, wherein earnings beat the Zacks Consensus Estimate, but revenues missed the same.
FI’s adjusted earnings per share of $2.47 topped the consensus mark by 2.5% and rose 16% year over year. Adjusted revenues of $5.2 billion missed the consensus estimate by a slight margin but gained 1.7% on a year-over-year basis.
The Interpublic Group of Companies, Inc. IPG reported impressive second-quarter 2025 results. Both earnings and revenues beat the Zacks Consensus Estimate.
IPG’s adjusted earnings of 75 cents per share surpassed the Zacks Consensus Estimate by 36.4% and jumped 23% from the year-ago quarter. Revenues before billable expenses (net revenues) of $2.2 billion beat the consensus estimate by a slight margin but declined 19.8% year over year. Total revenues of $2.5 billion decreased 7.2% year over year but outpaced the Zacks Consensus Estimate of $2.2 billion.
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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).
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