Ingersoll-Rand (IR) Tops Q2 EPS by 4c
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Ingersoll Rand Reports Second-Quarter 2021 Results
July 28, 2021 4:54 PM EDTRecord Double-Digit Orders and Revenue Growth; Raising 2021 Guidance
Second-Quarter 2021 Highlights
(All comparisons against the second quarter of 2020 unless otherwise noted.)
Strong performance and transformation fueled by Ingersoll Rand Execution Excellence (IRX) drove the following:
Reported orders of $1.5 billion, up 48% (37% organically) Reported revenues of $1.3 billion, up 25% (16% organically) Reported net income attributable to Ingersoll Rand of $234 million, or earnings of $0.55 per share, including $165 million of pre-tax income from discontinued operations, amortization, restructuring and related business transformation costs, acquisition-related expenses and other adjustments, up 232%... More