Ingersoll Rand Reports First-Quarter Continuing EPS of $0.48; Strong Operating Performance Delivers Adjusted Continuing EPS up 32 Percent to $0.50

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Ingersoll-Rand (IR) PT, Estimates Raised at Jefferies

April 27, 2016 8:31 AM EDT

Jefferies analyst Stephen Volkmann raised estimates and his price target on Buy-rated Ingersoll-Rand (NYSE: IR) to $75.00 (from $70.00).

commented, "Following a solid beat and raise quarter we are increasing our earnings estimates and raising our price target. We continue to view... More

Ingersoll-Rand (IR) Tops Q1 EPS by 13c

April 26, 2016 6:31 AM EDT

Ingersoll-Rand (NYSE: IR) reported Q1 EPS of $0.50, $0.13 better than the analyst estimate of $0.37. Revenue for the quarter came in at $2.89 billion versus the consensus estimate of $2.89 billion.

GUIDANCE:

Ingersoll-Rand sees FY2016 EPS of $3.95-$4.10, versus prior guidance of $3.80-$4.00 and... More