Published by Global Banking & Finance Review®
Posted on July 30, 2025
2 min readLast updated: January 22, 2026
Add as preferred source on Google
Trane Technologies raises its profit forecast due to strong demand in the Americas, overcoming tariff impacts with strategic pricing.
(Reuters) -Trane Technologies raised its full-year profit forecast on Wednesday, after topping second-quarter earnings estimates on the back of strong demand for its heating and air-conditioning systems as well as higher pricing.
The Ireland-based company's Americas segment - its largest revenue generator - saw robust industrial and commercial demand, helping its quarterly sales to rise 9% to $4.69 billion from a year ago.
The firm, which owns transport refrigeration company Thermo King, in April flagged an annual cost impact estimate of $250 million to $275 million from tariffs. However, Trane had said it would aim to soften the blow with price hikes.
The company expects its 2025 adjusted profit to be about $13.05 per share, compared with its prior view of $12.70 to $12.90 per share.
Trane Technologies posted a second-quarter profit of $3.88 per share on an adjusted basis, beating analysts' average estimate of $3.79 per share, according to data compiled by LSEG.
Its quarterly revenue rose about 8% to $5.75 billion, falling marginally short of the $5.78 billion expected by analysts.
(Reporting by Utkarsh Shetti in Bengaluru; Editing by Shreya Biswas)
Adjusted profit refers to a company's earnings that have been modified to exclude certain one-time expenses or income, providing a clearer picture of ongoing profitability.
Quarterly earnings are the profits a company reports for a specific three-month period, which are used to assess its financial performance.
Revenue growth is the increase in a company's sales over a specific period, often expressed as a percentage, indicating its ability to expand its business.
Explore more articles in the Finance category
