Ingersoll-Rand (IR) Tops Q2 EPS by 5c; raises guidance

Ingersoll-Rand (NYSE: IR) reported Q2 EPS of $0.83, $0.05 better than the analyst estimate of $0.78. Revenue for the quarter came in at $1.81 billion versus the consensus estimate of $1.8 billion.

GUIDANCE:

Ingersoll-Rand sees FY2024 EPS of $3.27-$3.37, versus the consensus of $3.30.

Raising total revenue growth guidance to a range of 6% to 8% for the full year.

For earnings history and earnings-related data on Ingersoll-Rand (IR) click here.

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