Ingersoll Rand Inc expected to post earnings of 69 cents a share

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Ingersoll Rand Inc expected to post earnings of 69 cents a share – Earnings Preview

















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Reuters

Ingersoll Rand Inc <IR.N> expected to post earnings of 69 cents a share – Earnings Preview



Ingersoll Rand Inc expected to post earnings of 69 cents a share – Earnings Preview
  • Ingersoll Rand Inc IR.N, IR is expected to show a rise in quarterly revenue when it reports results on May 2 for the period ending March 31 2024

  • The Davidson North Carolina-based company is expected to report a 4.3% increase in revenue to $1.7 billion from $1.63 billion a year ago, according to the mean estimate from 9 analysts, based on LSEG data.

  • ​LSEG’s mean analyst estimate for Ingersoll Rand Inc is for earnings of 69 cents per share.

  • The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 8 “strong buy” or “buy,” 5 “hold” and no “sell” or “strong sell.”

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street’s median 12-month price target for Ingersoll Rand Inc is $101.00​, above​ its last closing price of $93.32. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Dec. 31 2023

0.77

0.77

0.86

Beat

11.7

Sep. 30 2023

0.69

0.69

0.77

Beat

12

Jun. 30 2023

0.60

0.60

0.68

Beat

13.6​

Mar. 31 2023

0.53

0.52

0.65

Beat

24.2

​​Dec. 31 2022

0.63

0.63

0.72

Beat

15.1

Sep. 30 2022

0.59

0.59

0.62

Beat

5.3​

Jun. 30 2022

0.52

0.52

0.54

Beat

3.6

Mar. 31 2022

0.45

0.45

0.49

Beat

8.9

This summary was machine generated April 30 at 23:23 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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