Trane Q4 2019 Earnings Report
Key Takeaways
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
Trane
Trane
Trane Revenue by Segment
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income