Ingersoll Rand Inc. (IR) has failed to impress investors with its recent operational performance due to rising costs and high debt levels. Also, given the company’s extensive international presence, foreign currency headwind is an added uncertainty.Based in Davidson, NC, Ingersoll Rand is a global industrial company with expertise in industrial and mission-critical flow creation technologies. IR currently carries a Zacks Rank #4 (Sell). In the past six months, the stock has declined 0.6% against the industr ...

Ingersoll Rand Inc. (IR) continues to see higher orders across its product portfolio of industrial vacuums and blowers, along with stable orders for compressors, which is driving the Industrial Technologies & Services segment. Also, growth in short-cycle orders, along with strong book-and-ship orders, has been a tailwind for the Precision and Science Technologies segment.Driven by strength across its businesses, management expects 2024 revenues to increase 5-7% from the year-ago level. The company forecasts ...

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Has Ingersoll Rand (IR) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Ingersoll Rand is one of 213 companies in the Industrial Products group. The Industrial Products group currently sits at #14 within the Zacks Sector Rank. The Zacks Sector Rank i ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ FORM 10-Q ____________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________to___________ Commission File Number: 001-38095 ____________________________ I ...

Ingersoll Rand Inc. (IR) reported third-quarter 2024 adjusted earnings of 84 cents per share, which surpassed the Zacks Consensus Estimate of 82 cents. The bottom line increased 9.1% year over year.Total revenues of $1.86 billion missed the consensus estimate of $1.88 billion. However, the top line increased 7% year over year. Acquisitions contributed 8.9% to revenues, while organic revenues decreased 2.5%. Foreign currency movements had a positive impact of 0.5%.Orders totaled $1.8 billion, up 9.8% year ov ...

Ingersoll Rand Inc. (NYSE:IR) Q3 2024 Results Conference Call November 1, 2024 8:00 AM ET Company Participants Matthew Fort - VP, IR Vicente Reynal - Chairman and CEO Vik Kini - CFO Conference Call Participants Mike Halloran - Baird Julian Mitchell - Barclays Jeff Sprague - Vertical Research Partners Rob Wertheimer - Melius Research Andy Kaplowitz - Citigroup Nigel Coe - Wolfe Research Joe Ritchie - Goldman Sachs Chris Snyder - Morgan Stanley Joe O'Dea - Wells Fargo David Raso - Evercore ISI Andrew Buscagli ...

Ingersoll Rand (IR) reported $1.86 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 7%. EPS of $0.84 for the same period compares to $0.77 a year ago.The reported revenue represents a surprise of -0.84% over the Zacks Consensus Estimate of $1.88 billion. With the consensus EPS estimate being $0.82, the EPS surprise was +2.44%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

Ingersoll Rand (IR) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.44%. A quarter ago, it was expected that this maker of flow control and compression equipment would post earnings of $0.77 per share when it actually produced earnings of $0.83, delivering a surprise of 7.79%.Over t ...

Ingersoll Rand Reports Record Third Quarter 2024 Results 1 1 1 1 Delivered Record Third Quarter Orders and Revenue with Strong Gross Margin Expansion, Adj. EPS growth, and Free Cash Flow Margin Third Quarter 2024 Highlights (All comparisons against the third quarter of 2023 unless otherwise noted.) Strong performance driven by its competitive differentiator - Ingersoll Rand Execution Excellence (IRX): • Third quarter orders of $1,799 million, up 10% • Reported third quarter revenues of $1,861 million, up 7% ...

Ingersoll Rand Inc. (IR) is scheduled to release third-quarter 2024 results on Oct. 31, before market open. The Zacks Consensus Estimate for Ingersoll Rand's third-quarter earnings has remained steady in the past 60 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 11%. The consensus estimate for revenues is pegged at $1.9 billion, indicating growth of 7.9% from the prior-year quarter's ...