Ingersoll Rand Inc reports results for the quarter ended December 31 - Earnings Summary

Ingersoll Rand

13/02/2025 23:34

* Ingersoll Rand Inc  IR.N  reported quarterly adjusted
earnings
of 84 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 86 cents.  The mean expectation of fifteen analysts for the
quarter was for earnings of 84 cents per share. Wall Street
expected results to range from 82 cents to 88 cents per share.
    * Revenue rose 4.2% to $1.90 billion from a year ago;
analysts
expected $1.91 billion. 
    * Ingersoll Rand Inc's reported EPS for the quarter was 57
cents​.
    * The company reported quarterly net income of $229.8
million.
    * Ingersoll Rand Inc shares had risen by 1.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Ingersoll Rand
Inc is $105.00 
This summary was machine generated from LSEG data February 13 at
11:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.84           0.84           Met
 Sep. 30 2024      0.81           0.84           Beat
 Jun. 30 2024      0.78           0.83           Beat
 Mar. 31 2024      0.69           0.78           Beat