NYSE$TT

Trane Technologies · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Ingersoll Rand reported a 7% increase in revenue and EPS of $1.12 for Q4 2019.

Ingersoll Rand reported a 7% increase in revenues for the fourth quarter of 2019. Diluted EPS from continuing operations was reported as $1.12, and adjusted continuing EPS was $1.40. The company's Reverse Morris Trust transaction with GDI is on track for early 2020.

  • Reported revenues up 7 percent; organic revenues up 5 percent led by the Climate segment
  • Exceptional cash conversion for full-year 2019; free cash flow of $1.8 billion, 118 percent of adjusted net earnings
  • GAAP full-year continuing EPS of $5.61; adjusted continuing EPS of $6.37, up 14 percent
  • Reverse Morris Trust transaction with GDI on track for early 2020

Headline financials

Total Revenue

$4.15B

Previous: $3.9B+6.6%
EPS (adj)

$1.40

Previous: $1.32+6.1%
Capital Expenditures

$254M

Previous: $366M-30.5%
Free Cash Flow

$1.84B

Previous: $145M+1169.8%
Net Income

$301M

Previous: $254M+18.5%
Operating Income

$425M

Previous: $447M-4.9%
Gross Profit

$1.25B

Previous: $1.15B+8.4%
Cash & Equivalents

$1.3B

Previous: $878M+48.4%
Total Assets

$20.5B

Previous: $17.9B+14.4%
Stock-Based Comp

$12M

Previous: $78.8M-84.8%

Revenue & EPS history

Trane · Revenue · Quarterly

$4.15B

Q4 2019+6.6%vs Q4 2018
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Trane · $4.51B total across 2 segments · Q3 2023

  • Americas HVAC & Transport
    $3.89B+11.7%
  • EMEA Climate Solutions
    $619M+20.6%

Forward guidance

Full year 2020 guidance for Trane Technologies is included in the company's earnings presentation found at www.ingersollrand.com in the Investor Relations section. The company's 2020 guidance excludes the Industrial segment.

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 Q4 2019

Historical avgQ4 2019

+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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro