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Market Closed -
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5-day change | 1st Jan Change | ||
| 288.3 USD | -0.45% |
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-2.93% | +18.19% |
| Apr. 15 | Stephens Adjusts Price Target on Trane Technologies to $310 From $280, Equalweight Rating Kept | MT |
| Apr. 15 | Ingersoll Rand: A new era for the compressor manufacturer |  |
(Reuters) - Ingersoll-Rand Plc, the maker of Trane air conditioners and Thermo King refrigeration units, reported better-than-expected quarterly results, helped by a rebound in the U.S. housing market.
Third-quarter net income fell 48 percent to $165.9 million, or 56 cents per share, from $321.6 million, or $1.03 per share, a year earlier. Revenue rose 4.3 percent to $3.75 billion.
Excluding items, the company earned $1.16 per share from continuing operations. Analysts on average had expected earnings of $1.10 per share on revenue of $3.73 billion, according to Thomson Reuters I/B/E/S.
(Reporting by Siddharth Cavale and Rohit T. K. in Bangalore; Editing by Ted Kerr)
| 1st Jan change | Capi. | |
|---|---|---|
| +18.19% | 65.75B | |
| -6.82% | 48.05B | |
| +10.44% | 43.46B | |
| -16.40% | 36.94B | |
| +2.15% | 16.32B | |
| -7.36% | 14.9B | |
| +4.40% | 12.75B | |
| +15.62% | 7B | |
| +32.93% | 5.11B | |
| -2.26% | 5B |
TRANE TECHNOLOGIES PLC 
