Ingersoll Rand Reports Strong Third-Quarter 2017 Results

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Ingersoll-Rand (IR) PT Lowered to $91 at RBC Capital Following 3Q Miss

October 26, 2017 7:26 AM EDT

RBC Capital lowered its price target on Ingersoll-Rand (NYSE: IR) to $91.00 (from $93.00) while maintaining a Sector Perform rating following the company's 3Q. Ingersoll-Rands disappointing 3Q17 spotlighted the 6c operating miss and another bout of px/cost pressure.

Ingersoll-Rand fell short of... More

Ingersoll-Rand (IR) Tops Q3 EPS by 1c

October 25, 2017 6:30 AM EDT

Ingersoll-Rand (NYSE: IR) reported Q3 EPS of $1.44, $0.01 better than the analyst estimate of $1.43. Revenue for the quarter came in at $3.67 billion versus the consensus estimate of $3.71 billion.

Full-year 2017 continuing EPS guidance unchanged; continuing EPS of approximately $4.22 and adjusted continuing EPS of approximately $4.50

For earnings... More