Ingersoll-Rand (IR) Tops Q3 EPS by 3c; offers guidance

Ingersoll-Rand (NYSE: IR) reported Q3 EPS of $0.84, $0.03 better than the analyst estimate of $0.81. Revenue for the quarter came in at $1.86 billion versus the consensus estimate of $1.87 billion.

GUIDANCE:

Ingersoll-Rand sees FY2024 EPS of $3.28-$3.34, versus the consensus of $3.32.

Total revenue growth guidance range of 5% to 7% for the full year
Adjusted EBITDA1 guidance range of $2,010 to $2,040 million, up 12% to 14% over prior year

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

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