Ingersoll-Rand (IR) Tops Q2 EPS by 8c; Bumps Outlook
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Ingersoll Rand Reports Strong Second-Quarter Results
July 27, 2016 6:30 AM EDTContinuing EPS of $2.88; Adjusted Continuing EPS*of $1.38
Highlights (versus Q2 2015 unless otherwise noted):
Company-wide operational execution delivers adjusted continuing EPS up 15 Percent Strong cash conversion with year-to-date free cash flow* of $348 million Record Q2 operating margins of 13.7 percent up 1.1 percentage points Share growth drives revenues up 2 percent; organic revenues* up 3 percent Record Climate bookings, continued weakness in Industrial Company increases guidance range for full-year 2016 EPS from... More