Ingersoll Rand Inc expected to post earnings of 52  cents a share - Earnings Preview

Ingersoll Rand

02/05/2023 02:10

* Ingersoll Rand Inc  IR.N   IR  is expected to show a rise
in
quarterly revenue when it reports  results on May 3. 
    * The Davidson North Carolina-based  company is expected to
report
 a 10.9% increase in revenue to $1.483 billion from $1.34
billion a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ingersoll Rand Inc
is for
earnings of 52 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ingersoll
Rand
Inc is $62​, above​ its last closing price of $57.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.63        0.63       0.72      Beat    15.1
 Sep. 30 2022  0.59        0.59       0.62      Beat    5.3
 Jun. 30 2022  0.52        0.52       0.54      Beat    3.6​
 Mar. 31 2022  0.45        0.45       0.49      Beat    8.9
 ​​Dec.        0.59        0.60       0.68      Beat    14.2
 31 2021                                                
 Sep. 30 2021  0.47        0.47       0.57      Beat    21.7​
 Jun. 30 2021  0.43        0.42       0.46      Beat    8.6
 Mar. 31 2021  0.35        0.35       0.45      Beat    29.6
 This summary was machine generated May 2 at 01:10 GMT.  All
figures in US dollars  unless otherwise stated