Trane Technologies is well-positioned to extend its earnings-beat streak in its upcoming report. The company has beaten estimates in its last two quarters, with an average surprise of 2.69%. In the most recent quarter, it reported earnings of $2.63 per share versus the consensus estimate of $2.53, a 3.95% surprise, and in the prior quarter it delivered $2.86 per share against an estimate of $2.82, a 1.42% surprise. The stock currently has a positive Earnings ESP of +0.60% and a Zacks Rank of 3, a combination that historically produces a positive surprise nearly 70% of the time.
Trane Technologies plcCompany has strong earnings surprise history and positive Earnings ESP, indicating likely earnings beat.