Ingersoll-Rand (IR) Misses Q4 EPS by 8c
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Ingersoll Rand Reports Fourth-Quarter and Record Annual 2016 Results
February 1, 2017 6:30 AM ESTHighlights (versus prior year, unless otherwise noted):
Continued strong Climate segment and improving Industrial segment results Robust Q4 bookings up 6 percent, organic bookings* up 7 percent; revenues up 1 percent, organic revenues* up 2 percent Full-year cash flow from operating activities of $1.5 billion Excellent cash conversion with full-year free cash flow* of $1.35 billion up 37 percent Full-year continuing EPS of $5.52 Full-year 2016 adjusted continuing EPS of $4.13 up 11 percent Full-year 2016 operating margin up... More