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HVAC company Trane (NYSE:TT) reported Q2 CY2026 results topping the market’s revenue expectations, with sales up 10.6% year on year to $6.35 billion. Its non-GAAP profit of $4.31 per share was 1.1% above analysts’ consensus estimates.
The market looked past a small earnings beat to a profit that is still shrinking and a raised target that leans heavily on the back half of the year.
Trane Technologies (TT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Trane Technologies plc (NYSE:TT) is one of the Best Liquid Cooling Stocks to Buy for AI Data Centers. On May 1, KeyBanc raised its price target on the stock from $525 to $555, while keeping an Overweight rating on the shares. The rating comes after the company released its fiscal Q1 2026 earnings on April […]
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