Ingersoll Rand gains as quarterly profit beat estimates

Ingersoll Rand

13/02/2026 14:40

** Shares of air compressor maker Ingersoll Rand IR.N rise nearly 2% to about $96 in early trading

** Co beats Q4 profit estimates on Thursday aided by sustained industrial demand for its products such as air compressors, vacuums and blowers

** Reported Q4 adjusted profit of 96 cents/share, above estimates of 90 cents/share, according to data compiled by LSEG

     ** It expects 2026 adjusted profit per share of $3.45 to $3.57, its midpoint falling short of analysts' estimates of $3.56/share

** Revenue for the Q4 rose about 10% to $2.1 billion from a year earlier

** Barclays says co's future outlook is steady and slightly cautious, with modest growth expected in coming days

** Including session's moves, shares up 20.7% YTD

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))