Ingersoll Rand reports muted fourth-quarter results

Ingersoll Rand

13/02/2025 22:17

Feb 13 (Reuters) - Ingersoll Rand  IR.N  reported
fourth-quarter results roughly in line with estimates on
Thursday and also indicated that it remained poised for a strong
year of mergers and acquisitions.
    An advancing non-residential construction market in the
United States has bolstered demand for the company's products.
    Ingersoll reported a quarterly adjusted profit of 84 cents
per share, in line with estimates, according to data compiled by
LSEG. 
        Its revenue for the fourth quarter rose 4.2% to $1.89
billion, compared to analysts' average estimate of $1.9 billion.

 (Reporting by Anshuman Tripathy and Nathan Gomes in Bengaluru;
Editing by Alan Barona)
 ((Anshuman.Tripathy@thomsonreuters.com))