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