Ingersoll-Rand (IR) Misses Q4 EPS by 1c
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Ingersoll Rand Reports Fourth-Quarter and Annual 2017 Results
January 31, 2018 6:30 AM ESTHighlights (fourth quarter versus prior year, unless otherwise noted):
Bookings up 10 percent; organic bookings* up 8 percent with strength in both Climate and Industrial Revenues up 8 percent; organic revenues* up 6 percent with strength in both Climate and Industrial Strong cash conversion for full-year 2017; cash flow from operating activities of $1.5 billion; free cash flow* of $1.3 billion, 118 percent of adjusted net income Full-year continuing EPS of $5.14; adjusted continuing EPS* of $4.51 Full-year 2018 continuing EPS guidance of $4.80 to $5.00 and... More