Ingersoll-Rand (IR) Tops Q1 EPS by 4c; Raises Outlook
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Ingersoll Rand Reports First-Quarter 2022 Results
May 4, 2022 4:43 PM EDTStrong Double-Digit Orders and Revenue Growth; Raising 2022 Guidance
First-Quarter 2022 Highlights
(All comparisons against the first-quarter of 2021 unless otherwise noted.)
Strong performance driven by its competitive differentiator - Ingersoll Rand Execution Excellence (IRX):
Record orders of $1,630 million, up 25%, or 21% organic Record first-quarter revenues of $1,337 million, up 18%, or 14% organic Reported net income attributable to Ingersoll Rand of $104 million, or earnings of $0.25 per share, up 215% from prior year net loss attributable to Ingersoll Rand of $90... More