TT / Q3 2026 (FQ3 2026 - Sep 2026; quarter ended 2026-09-30, calendar fiscal year)

Trane Technologies plc

Reported: Oct 29, 2026

Forecast published

Oct 27, 2026 at 11:06 AM PDT

Opus 5.5 High in Shortcut

Shortcut

4.77

Normalized diluted EPS

+0.9% vs Street

Off by $0.09 per share

Street

4.73

Normalized diluted EPS

October 25 consensus snapshot

Off by $0.13 per share

Real

4.86

Trane issuer adjusted continuing diluted EPS

Shortcut win

Reported result · Oct 29 ↗ · Table 2 explicitly reports diluted EPS from continuing operations of 4.79 plus 0.07 of adjustments equals adjusted 4.86, using 221.4m diluted ordinary shares.

USD per Irish ordinary shares, diluted per share; no ADR or split conversion. Comparisons use unrounded estimates.

Model download

Explore the assumptions and calculations behind the forecast.

Open in Shortcut ↗Download XLSX ↓

Shortcut’s reasoning.

Company 3Q26 guide (30-Jul-2026): ~+10% organic revenue growth and adjusted EPS ~$4.70; consensus $4.73 already sits $0.03 above the guide.

Guide-midpoint record over the last four quarters: adjusted EPS beat by +$0.08, +$0.06, +$0.13, +$0.085; normalized EPS beat consensus in all six supplied quarters ($0.05–$0.25).

Segment build: Americas organic ~+13% (record $12.1bn backlog, applied bookings >100% four quarters, easy residential comp; AHRI Aug-26 shipments +11.4%), EMEA ~+2% (Middle East ~−30%), Asia ~+5%; ~2.3 pt M&A (Stellar), −0.2 pt FX.

On the record.

Reporting period: Q3 2026 (FQ3 2026 - Sep 2026; quarter ended 2026-09-30, calendar fiscal year)
Reporting basis: Issuer adjusted continuing diluted EPS, six frozen normalized actuals independently match original cached issuer tables
Consensus snapshot: October 25, 2026
Model / effort: Opus 5.5 · High effort
Workbook: Reviewed workbook

Record history

Forecast generated: Oct 27, 2026 at 5:36 AM PDT
Original author completed: Oct 27, 2026 at 4:51 AM PDT
Reviewed revision completed: Oct 27, 2026 at 5:36 AM PDT
First published: Oct 27, 2026 at 11:06 AM PDT

Result basis

Table 2 explicitly reports diluted EPS from continuing operations of 4.79 plus 0.07 of adjustments equals adjusted 4.86, using 221.4m diluted ordinary shares. Total GAAP EPS 4.74 includes discontinued operations and is separate. No ADR or currency conversion. The source states per-share amounts are attributable to Trane ordinary shareholders. The issuer Q3 2025 adjusted comparative 3.88 matches the frozen normalized history for that quarter. This check does not claim exhaustive item-level vendor definition equivalence.