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Compared to Estimates, Trane Technologies (TT) Q3 Earnings: A Look at Key Metrics

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Trane Technologies (TT - Free Report) reported $6.76 billion in revenue for the quarter ended September 2026, representing a year-over-year increase of 17.7%. EPS of $4.86 for the same period compares to $3.88 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $6.44 billion, representing a surprise of +5%. The company delivered an EPS surprise of +2.53%, with the consensus EPS estimate being $4.74.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Trane Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Backlog - Total: $12.5 billion versus the two-analyst average estimate of $12.36 billion.
  • Total Bookings: $7.25 billion versus $6.74 billion estimated by two analysts on average.
  • Net Revenues- Americas: $5.65 billion versus $5.42 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +21.1% change.
  • Net Revenues- Asia Pacific: $356 million versus the two-analyst average estimate of $339.12 million. The reported number represents a year-over-year change of +8%.
  • Net Revenues- EMEA: $755.8 million versus $734.96 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.8% change.

View all Key Company Metrics for Trane Technologies here>>>

Shares of Trane Technologies have returned -0.8% over the past month versus the Zacks S&P 500 composite's +0.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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