Ingersoll-Rand (IR) Misses Q4 EPS by 5c

Go back to Ingersoll-Rand (IR) Misses Q4 EPS by 5c

Ingersoll Rand Reports Fourth-Quarter Adjusted EPS from Continuing Operations up 15 Percent to $0.94; Continuing EPS of $0.88

February 9, 2016 6:30 AM EST

Revenues of $3.3 billion in the fourth quarter, organic revenues (excluding acquisitions and currency) up 3 percent compared with 2014 and reported revenues also up 3 percent year-over-year Full-year 2015 adjusted EPS (excluding restructuring and other one-time costs) from continuing operations were $3.73, up 12 percent compared with 2014; reported EPS of $2.57 Adjusted free cash flow for full-year 2015 of $985 million, 101 percent of adjusted net income 2016 full-year adjusted EPS from continuing operations forecasted to be $3.80 to $4.00, up 2 percent to 7 percent compared with 2015; reported EPS forecasted to be $3.75 to $3.95

... More