Trane Technologies Surpasses Expectations with Strong Q3 Earnings, Raises 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.

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