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Form 8-K · Current Report · Filed 2024-04-30

Trane Technologies Announces Strong Q1 2024 Results and Raises Guidance

Trane Technologies plc reported strong first-quarter 2024 results with a 15% increase in reported revenues to $4.2 billion and a 38% increase in adjusted continuing EPS to $1.94.

Filer
Ingersoll-Rand Inc. IR · NYSE
Filed
Accession
0001466258-24-000158
CIK
0001699150
Signal
High impactIndustrials

Details

The company also raised its full-year 2024 revenue and adjusted EPS guidance. Additionally, the press release and financial statements were furnished as exhibits.

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat Raised Guidance
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$93.39

Next session

-0.4%

Since filing

-10.7%

Latest close

$83.38

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from IR reporting the same item, with the next session's move:

Exhibits (1)

About Ingersoll-Rand Inc.

Ingersoll-Rand Inc. is a global diversified industrial company known for designing and manufacturing a wide range of products that optimize energy efficiency and operational reliability. The company's portfolio includes air compressors, pumps, fluid handling systems, and power tools, serving a multitude of industries such as manufacturing, automotive, and construction. Ingersoll-Rand focuses on creating solutions that enhance productivity and sustainability, often integrating advanced technology and innovation in their products. By maintaining a strong emphasis on research and development, the company continues to introduce cutting-edge solutions that meet the evolving needs of its clients. With a robust global presence and extensive distribution network, Ingersoll-Rand plays a pivotal role in providing essential equipment that supports critical infrastructure and industrial operations worldwide. Established with a firm commitment to quality and customer service, the company stands as a leader in its sector, continually influencing market standards and efficiency benchmarks.

Exchange NYSE Industry Specialty Industrial Machinery Company website ↗

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