Ingersoll-Rand (IR) Tops Q1 EPS by 9c, Raises FY EPS Guidance
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Ingersoll Rand Reports Strong First-Quarter 2019 Results
April 30, 2019 6:15 AM EDTHighlights (First quarter 2019 versus first quarter 2018, unless otherwise noted):
Continuing EPS of $0.82, up 61 percent; adjusted continuing EPS* of $0.89, up 27 percent Reported revenues up 6 percent; organic revenues* up 8 percent led by the Climate segment Operating margin expansion of 170 bps; adjusted operating margin* higher by 90 bps Book to bill* of 105 percent driving record backlog Company raises full-year 2019 EPS guidance to top end of prior range*This news release contains non-GAAP financial measures.... More
