Overview
Mission-critical flow solutions provider's Q1 revenue rose 8%, beating analyst expectations
Adjusted EPS for Q1 grew 7% to $0.77, beating analyst expectations
Company maintained full-year 2026 guidance
Outlook
Ingersoll Rand maintains full-year 2026 revenue growth guidance of 2.5% to 4.5%
Company expects 2026 adjusted EBITDA of $2.13 bln to $2.19 bln
Ingersoll Rand sees 2026 adjusted EPS of $3.45 to $3.57
Result Drivers
SEGMENT MIX - Organic revenue declined in Industrial Technologies and Services, offset by growth in Precision and Science Technologies
OPERATIONAL EXECUTION - Precision and Science Technologies margin improved due to strong operational execution, per company
MIDDLE EAST ORDERS - IT&S organic orders were down due to Middle East weakness, with recovery expected later in the year
Company press release: ID:nBw47kLYva
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.85 bln
$1.83 bln (11 Analysts)
Q1 Adjusted EPS
Beat
$0.77
$0.74 (14 Analysts)
Q1 EPS
$0.49
Q1 Net Income
$193.80 mln
Q1 Adjusted EBITDA
$469 mln
Q1 Gross Profit
$792.40 mln
Q1 Operating Income
$289.70 mln
Q1 Pretax Profit
$229.90 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for Ingersoll Rand Inc is $95.00, about 13.1% above its April 27 closing price of $84.01
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 22 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)