Trane Technologies Reports Strong Q1 Performance with Record Backlog
Trane Technologies reported strong first-quarter results, including a 24% increase in enterprise bookings and a record backlog of $10.7 billion. The company raised its full-year guidance for revenue growth to around 7%, adjusted EPS between $14.75–$14.95, and plans capital deployment of $2.8–$3.3 billion.
Tickers: $TT
Topics: backlog bookings capital_allocation guidance_update organic_growth