Trane Technologies (TT) earnings for the quarter ended September 2026: EPS beats estimates
Trane Technologies reported results for the quarter ended September 2026 on October 29, 2026. Adjusted earnings per share came in at $4.86 against the analysts’ average forecast of $4.74, a beat of 2.6%.
Revenue for the quarter was $6.76 billion, up 17.7% from $5.74 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 3.9% on the first trading day after the report.
The last four quarters
Trane Technologies has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $4.86 | $4.74 | +2.6% | +18% | −3.9% |
| Jun 2026 | $4.31 | $4.26 | +1.1% | +11% | +1.8% |
| Mar 2026 | $2.63 | $2.53 | +3.9% | +6% | +1.5% |
| Dec 2025 | $2.86 | $2.81 | +1.6% | +6% | +6.7% |
What comes next
Analysts expect EPS of $3.49 for the next quarter on average and $15.26 for the fiscal year ending December 31, 2026.
The average analyst price target is $516.51, 24% above the current price of $417.99.
Valuation and score
Trane Technologies scores 3.8 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 29.5, and its intrinsic value under moderate assumptions is about 33% below the current market value. Full Trane Technologies analysis with 10 years of financials
Frequently asked questions
What was Trane Technologies’s EPS for the quarter ended September 2026?
$4.86 adjusted per share, against an analyst consensus of $4.74.
How much revenue did Trane Technologies report?
$6.76 billion, up 17.7% year over year.
More
This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.