Ingersoll Rand down after lowering 2025 profit outlook

Ingersoll Rand

31/10/2025 13:06

** Shares of air compressor maker Ingersoll Rand IR.N fall 3% to $76 premarket

** Co trimmed its full-year profit forecast on Thursday as tariffs squeeze margins

** Jefferies says pricing actions won't fully offset tariff-related margin pressure for co until 2026

** IR expects full-year adj. earnings per share to be between $3.25 and $3.31, compared to prior forecast of $3.34 to $3.46 per share

** Co posts Q3 revenue of $1.96 bln, above analysts' avg. estimate of $1.95 bln - data compiled by LSEG

** Its quarterly adj. profit came at 86 cents/share, in line with estimates

** As of last close, stock down 13% YTD

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))