Results for: FY24 Guidance

Trane Technologies plc (TT) stock is trading higher after the company reported impressive third-quarter financial results and raised its FY24 guidance. Revenue growth exceeded expectations, with a 11% year-over-year increase to $5.44 billion. The company also reported strong booking growth, adjusted EBITDA expansion, and robust cash flow generation, highlighting its strong financial performance and optimistic outlook.

Ensign Group, Inc. (ENSG) reported lower-than-expected adjusted earnings per share for the third quarter and adjusted its FY24 earnings guidance. Despite the earnings miss, the company exceeded revenue expectations and saw strong performance from recently acquired operations. Analysts remain optimistic about Ensign’s prospects, with several raising their price targets.