DUBLIN (AP) _ Trane Technologies plc (TT) on Wednesday reported first-quarter net income of $235.2 million, after reporting a loss in the same period a year earlier.

The Dublin-based company said it had net income of 97 cents per share. Earnings, adjusted for one-time gains and costs, were $1.01 per share.

The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share.

The manufacturer posted revenue of $3.02 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $2.87 billion.

Trane Technologies expects full-year earnings to be $6 per share.

Trane Technologies shares have increased 20% since the beginning of the year. The stock has more than doubled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TT at https://www.zacks.com/ap/TT

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