If you’re wondering when Trane Technologies will release their next earnings report, you’re not alone.
The company’s next quarterly report will be released on November 2, 2022.
The company will also hold a conference call to discuss its earnings results that day, which will begin at 10:00 Eastern.
Zacks Earnings Quality Ranking
A company’s Zacks Earnings Quality Ranking (ESP) is an indicator of the quality of its recent earnings estimates.
This is calculated by comparing the Most Accurate Estimate (MAE) with the Zacks Consensus Estimate (ZCE).
The MAE is often more accurate than the consensus estimate, as analysts use the most recent information when revising their estimates.
The higher the ESP reading, the more likely it is that the company will beat the consensus estimate.
Zacks Investment Research is a firm that publishes independent research and investment content.
Founded in 1978 by Len Zacks, the firm initially produced reports and ratings on mutual funds and exchange-traded funds.
Since then, the company has expanded into other investment-related fields.
The Zacks Rank is a proprietary system that groups equity products based on their earnings potential.
It was first launched as a stock ranking system, but is now available for mutual funds, exchange-traded funds, and other vehicles.
The Zacks Rank uses four factors: agreement, magnitude, upside, and surprise.