Trane Technologies Hits $4.9B Q4 Revenue, EPS Beats Forecasts

Trane Technologies shows signs of recovery with a 10% rise in Q4 2024 net revenue, bolstered by strong demand for HVAC systems. The adjusted EPS of $2.61 also exceeded expectations, sparking investor confidence in the company's future outlook.

Date: 08-03-2025

AI Rating: 7

Earnings Per Share (EPS): Trane Technologies reported an adjusted EPS of $2.61 for Q4 2024, which exceeded analysts' expectations, indicating strong profitability and positive investor sentiment.

Revenue Growth: The company experienced a 10% increase in net revenue, reaching $4.9 billion in Q4 2024. Additionally, there was a 12% rise in its Americas segment and a 5% increase in EMEA, driven by a robust demand for HVAC systems, particularly in commercial buildings and data centers. This revenue growth positions Trane favorably against its peers and demonstrates resilience in its operations.

Despite these positive developments, Trane Technologies is still down 20.2% from its 52-week high, which reflects the volatility in its stock price. However, a closer look at its performance shows that over the past year, shares have increased by 17.2%, outperforming the NASX's 10.5% gain.

While the stock has recently fallen below its 50-day and 200-day moving averages, the expectation of 6.5%-7.5% revenue growth for 2025 and an adjusted EPS of $12.70 - $12.90 are strong indicators for potential recovery and motivated investor interests. Overall, though the stock has faced short-term declines, the longer-term outlook appears favorable, warranting a moderate buy consensus among analysts.

Stocks: TT CARR