Ingersoll-Rand (IR) Tops Q3 EPS by 5c

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Ingersoll Rand Makes Key Executive Appointments

October 27, 2015 6:33 AM EDT

Todd Wyman Named Senior Vice President and President of the Compressed Air Systems and Services business; Keith Sultana Named Officer and Senior Vice President of Global Operations and Integrated Supply Chain

SWORDS, Ireland--(BUSINESS WIRE)-- Ingersoll Rand plc (NYSE: IR), a world leader in creating comfortable, sustainable and efficient environments, appointed Todd Wyman... More

Ingersoll Rand Reports Third-Quarter Adjusted Continuing EPS above Guidance at $1.21, EPS from Continuing Operations of $1.17

October 27, 2015 6:30 AM EDT

Third-quarter adjusted earnings per share (EPS) excluding restructuring and acquisition-related inventory step-up costs was above previous guidance range at $1.21, up 10 percent compared with 2014 Revenues were $3.5 billion in the third quarter. Organic revenues (excluding acquisitions and currency) were up 6 percent compared with 2014 Record Q3 adjusted operating margin of 14.0 percent excluding restructuring; 1.0 percentage point adjusted operating margin improvement Full-year 2015 adjusted EPS from continuing operations forecast, excluding restructuring and other one-time costs, updated to $3.69 to $3.74; GAAP EPS from continuing operations forecast of $2.57 to $2.62... More