Ingersoll-Rand (IR) Tops Q3 EPS by 2c; Raises Guidance

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Go back to Ingersoll-Rand (IR) Tops Q3 EPS by 2c; Raises Guidance

Ingersoll Rand Reports Record Third-Quarter 2022 Results

November 2, 2022 4:30 PM EDT

Strong Double-Digit Orders and Revenue Growth; Raising Guidance for Organic Growth and Mid-point of Adjusted EBITDA Range

Third-Quarter 2022 Highlights

(All comparisons against the third-quarter of 2021 unless otherwise noted.)

Strong performance driven by its competitive differentiator - Ingersoll Rand Execution Excellence (IRX):

Record third-quarter orders of $1,655 million, up 10%, or 14% organic Record third-quarter revenues of $1,516 million, up 14%, or 18% organic Reported net income attributable to Ingersoll Rand of $145 million, or earnings of $0.36 per share Adjusted net income from continuing operations, net of tax1... More