NYSE$TT
Trane Technologies · Q1 2020 earnings
Q1 2020 earnings · · Investor relations
Briefing
Trane Technologies' first quarter earnings were impacted by the COVID-19 pandemic, particularly in the Asia Pacific region, which led to a decrease in revenues and earnings per share.
Trane Technologies reported a decrease in revenue and EPS due to the impact of the COVID-19 pandemic. The company is suspending its 2020 guidance due to market uncertainty.
- Reported bookings up 5 percent; organic bookings up 6 percent led by strength in the Americas.
- Reported revenues down 6 percent; organic revenues down 5 percent; driven by COVID-19 impacts, particularly in Asia Pacific.
- GAAP continuing EPS of $0.21; adjusted continuing EPS of $0.43.
- Suspending 2020 guidance given market uncertainty related to COVID-19 and intend to reevaluate guidance for second quarter earnings call.
Headline financials
Revenue & EPS history
Trane · Revenue · Quarterly
$2.64B
Revenue by segment
Trane · $2.46B total across 2 segments · Q1 2020
- Americas HVAC & Transport$2.1B—85.2%
- EMEA Climate Solutions$364M—14.8%
Forward guidance
Given the current uncertainty created by the COVID-19 pandemic and its impact on the Company's end markets, the Company is suspending previously communicated financial guidance for 2020 and intends to reevaluate guidance on its second quarter earnings call.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2020
+1.6%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+4.7%
Avg return
30 days after
66%
48 / 73 earnings
Positive
+12.0%
Q3 2023
Best reaction
-8.4%
Q2 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.1% | -0.4% | -5.8% | |
| Q4 2025 | +8.1% | +10.4% | +17.3% | |
| Q3 2025 | +4.6% | +1.3% | -1.4% | |
| Q2 2025 | -8.4% | -7.9% | -11.8% | |
| Q1 2025 | +8.5% | +14.0% | +21.7% | |
| Q4 2024 | +0.6% | -2.3% | -2.8% | |
| Q3 2024 | -5.2% | -3.5% | +6.6% | |
| Q2 2024 | +1.4% | -4.4% | +10.0% | |
| Q1 2024 | +4.7% | +6.1% | +8.0% | |
| Q4 2023 | +9.8% | +7.2% | +13.5% | |
| Q3 2023 | +12.0% | +14.1% | +19.6% | |
| Q2 2023 | +3.1% | +4.7% | +3.1% | |
| Q1 2023 | -6.7% | -6.3% | -8.2% | |
| Q4 2022 | +4.2% | +0.9% | +8.6% | |
| Q3 2022 | +3.1% | +4.9% | +12.0% | |
| Q2 2022 | +6.7% | +7.4% | +7.0% | |
| Q1 2022 | -2.0% | -3.6% | -0.8% | |
| Q4 2021 | -2.9% | -7.8% | -9.8% | |
| Q3 2021 | -1.1% | +2.3% | +5.6% | |
| Q2 2021 | -5.4% | -6.1% | -3.2% | |
| Q1 2021 | +4.1% | +6.8% | +4.0% | |
| Q4 2020 | +0.1% | -0.3% | +7.8% | |
| Q3 2020 | +6.8% | +11.2% | +16.0% | |
| Q2 2020 | +6.9% | +8.2% | +16.0% | |
| Q1 2020 | -6.3% | -0.9% | +12.2% | |
| Q4 2019 | +3.3% | +4.1% | -1.3% | |
| Q3 2019 | +4.7% | +5.6% | +7.9% | |
| Q2 2019 | +1.2% | -1.1% | -1.7% | |
| Q1 2019 | +1.3% | +3.5% | -0.6% | |
| Q4 2018 | +3.4% | +4.1% | +9.6% | |
| Q3 2018 | +3.9% | +1.5% | +10.9% | |
| Q2 2018 | +7.3% | +6.7% | +9.3% | |
| Q1 2018 | +5.8% | +4.4% | +11.7% | |
| Q4 2017 | +4.4% | -2.2% | -6.7% | |
| Q3 2017 | -5.2% | -7.0% | -11.9% | |
| Q2 2017 | -3.0% | -2.9% | -6.5% | |
| Q1 2017 | +4.2% | +3.6% | +4.3% | |
| Q4 2016 | -1.7% | +0.7% | +0.8% | |
| Q3 2016 | +3.8% | +4.2% | +17.8% | |
| Q2 2016 | -2.5% | -2.6% | -0.8% | |
| Q1 2016 | +3.2% | — | — | |
| Q4 2015 | +0.2% | — | — | |
| Q3 2015 | +3.3% | — | — | |
| Q2 2015 | -5.4% | — | — | |
| Q1 2015 | +1.7% | — | — | |
| Q4 2014 | +2.3% | — | — | |
| Q3 2014 | +2.9% | — | — | |
| Q2 2014 | +3.9% | — | — | |
| Q1 2014 | +2.8% | — | — | |
| Q4 2013 | -1.5% | — | — | |
| Q3 2013 | +6.7% | — | — | |
| Q2 2013 | +3.0% | — | — | |
| Q1 2013 | +0.3% | — | — | |
| Q4 2012 | +0.8% | — | — | |
| Q3 2012 | +1.9% | — | — | |
| Q2 2012 | -2.7% | — | — | |
| Q1 2012 | +0.3% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q3 2011 | -1.2% | — | — | |
| Q2 2011 | -0.5% | — | — | |
| Q4 2010 | -0.5% | — | — | |
| Q1 2011 | -1.0% | — | — | |
| Q3 2010 | +0.5% | — | — | |
| Q2 2010 | -1.0% | — | — | |
| Q1 2009 | +3.9% | — | — | |
| Q1 2010 | +3.9% | — | — | |
| Q4 2007 | +2.2% | — | — | |
| Q4 2009 | +2.2% | — | — | |
| Q3 2008 | +4.6% | — | — | |
| Q3 2009 | +4.6% | — | — | |
| Q4 2008 | -0.6% | — | — | |
| Q2 2009 | -0.6% | — | — | |
| Q2 2008 | -0.6% | — | — |
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