Trane (TT) Reports Strong Q3 2024 Earnings with Revenue and Profit Growth
Trane (TT) reported strong Q3 2024 earnings with organic revenue growth of 11%, driven by both equipment and services, and adjusted EPS growth of 21% compared to the same period last year. The company also noted an expansion in adjusted EBITDA margins by 120 basis points and a significant increase in backlog to $7.2 billion.
Topics: backlog bookings earnings call EBITDA margin EPS growth guidance update revenue growth