Ingersoll: Q4 Earnings Snapshot

Associated Press Finance

02-14

DAVIDSON, N.C. (AP) — DAVIDSON, N.C. (AP) — Ingersoll Rand Inc. (IR) on Thursday reported fourth-quarter earnings of $229.8 million.

The Davidson, North Carolina-based company said it had profit of 57 cents per share. Earnings, adjusted for one-time gains and costs, came to 84 cents per share.

The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 84 cents per share.

The maker of flow control and compression equipment posted revenue of $1.9 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $1.91 billion.

Ingersoll expects full-year earnings in the range of $3.38 to $3.50 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IR at https://www.zacks.com/ap/IR

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(AP) — DAVIDSON, N.C. (AP) — Ingersoll Rand Inc. (IR) on Thursday reported fourth-quarter earnings of $229.8 million.</p>\n<p>The Davidson, North Carolina-based company said it had profit of 57 cents per share. Earnings, adjusted for one-time gains and costs, came to 84 cents per share.</p>\n<p>The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 84 cents per share.</p>\n<p>The maker of flow control and compression equipment posted revenue of $1.9 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $1.91 billion.</p>\n<p>Ingersoll expects full-year earnings in the range of $3.38 to $3.50 per share.</p>\n<p>_____</p>\n<p>This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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(IR) on Thursday reported fourth-quarter earnings of $229.8 million.\nThe Davidson, North Carolina-based company said it had profit of 57 cents per share. Earnings, adjusted for one-time gains and costs, came to 84 cents per share.\nThe results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 84 cents per share.\nThe maker of flow control and compression equipment posted revenue of $1.9 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $1.91 billion.\nIngersoll expects full-year earnings in the range of $3.38 to $3.50 per share.\n_____\nThis story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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