Ingersoll-Rand (IR) Tops Q1 EPS by 4c; Raises Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
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