-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下： TT公司公佈的第一季調整後每股收益為2.63美元，高於市場預期的2.45美元（成長7%），遠超市場普遍預期的2.53美元。 TT公司第一季銷售額成長6%至49.7億美元（超出市場預期1.5億美元），但調整後息稅前利潤率下降20個基點至16.0%。有機訂單量成長24%，其中美洲商用暖通空調業務成長最為顯著，增幅約40%。截至2026年第一季末，TT公司積壓訂單總額達到創紀錄的107億美元，較2025年底成長超過30%。 TT目前預估2026年營收成長約9.5%，高於先前預期的8.5%-9.5%；調整後每股盈餘預計為14.75-14.95美元，高於先前預期的14.65-14.85美元。 TT第一季的業績展現出強勁的商業成長勢頭，創紀錄的積壓訂單也提供了極佳的業績可見性。然而，利潤率壓縮和內生性營收成長放緩仍需密切關注。此次上調業績指引反映了管理層對執行其龐大訂單的信心。我們認為，TT積壓訂單的成長尤為顯著，這將增強投資者對其近期和中期成長前景的信心。
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