Core Viewpoint - Ingersoll Rand (IR) is positioned well for potential earnings beats in upcoming reports, supported by a strong history of exceeding earnings estimates and positive analyst sentiment [1][2][3] Group 1: Earnings Performance - Ingersoll Rand has a solid track record of beating earnings estimates, with an average surprise of 10.42% over the last two quarters [1] - For the last reported quarter, the company achieved earnings of $0.83 per share, surpassing the Zacks Consensus Estimate of $0.77 per share by 7.79% [1] - In the previous quarter, Ingersoll Rand reported earnings of $0.78 per share against an expected $0.69, resulting in a surprise of 13.04% [1] Group 2: Analyst Estimates - Recent estimates for Ingersoll Rand have been trending upward, indicating increased analyst confidence in the company's earnings potential [2] - The Zacks Earnings ESP for Ingersoll Rand is currently +1.22%, suggesting a bullish outlook from analysts [3] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [2] Group 3: Upcoming Earnings Report - The next earnings report for Ingersoll Rand is anticipated to be released on October 31, 2024 [3]

Ingersoll Rand Inc. (IR) is poised to gain from strength across its businesses, strong product portfolio, strategic acquisitions and a sound capital-deployment strategy. The company remains focused on investing in growth opportunities and strengthening its long-term market position.IR, which has a market capitalization of $39.9 billion, currently carries a Zacks Rank #2 (Buy). Let’s delve into the factors that have been aiding the firm for a while now.Business Strength: Ingersoll Rand continues to see highe ...

Acquisitions complement Ingersoll Rand’s product and technology offerings and increase geographic reach, while adding new pump technology and capabilitiesExecution of bolt-on acquisition strategy continues to enhance company’s durable financial profile by serving high-growth, sustainable end marketsDemonstrates company’s commitment to capital allocation and expected achievement of mid-teens return on invested capital (ROIC) by third full year of ownership DAVIDSON, N.C., Oct. 01, 2024 (GLOBE NEWSWIRE) -- In ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

DAVIDSON, N.C., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, will issue its third quarter 2024 earnings release after the market closes on Thursday, October 31, 2024. Ingersoll Rand will also host a live earnings conference call to discuss the third quarter results on Friday, November 1, 2024, at 8 a.m. Eastern Daylight Time. To participate in the call, please dial +1-888-330-3073, domestical ...

Ingersoll Rand Inc. (IR) is set to gain from a healthy demand environment and innovation capabilities. The company continues to see higher orders across its product portfolio of industrial vacuums and blowers along with stable orders for compressors, which will drive the Industrial Technologies & Services segment. Growth in short-cycle orders, along with strong book-and-ship orders, is likely to be a tailwind for the Precision and Science Technologies segment. The company remains positive about the underlyi ...

Ingersoll Rand Inc (NYSE:IR) beat profit and revenue expectations for the second quarter on Friday, and while the stock had a negative post-earnings reaction amid the broad-market selloff, it’s still sitting at prior May and June lows. The shares also remain above the 10-month moving average, which has been supportive on multiple occasions since 2021.There’s potential support in place at the 85-strike using options that expire through October. It’s also worth noting that short interest is sitting at a two-y ...

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 June 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 ____________________________ Ingers ...

Ingersoll Rand Inc (NYSE:IR) 2024 Q2 Results Conference Call August 1, 2024 8:00 AM ET Company Participants Matthew Fort - Vice President of Investor Relations Vicente Reynal - Chairman, Chief Executive Officer Vikram Kini - Chief Financial Officer Conference Call Participants Mike Halloran - Baird Julian Mitchell - Barclays Jeff Sprague - Vertical Research Partners Rob Wertheimer - Melius Research Joe Ritchie - Goldman Sachs Andy Kaplowitz - Citigroup Stephen Volkmann - Jefferies Nigel Coe - Wolfe Research ...

Ingersoll Rand Inc. (IR) reported second-quarter 2024 adjusted earnings of 83 cents per share, which surpassed the Zacks Consensus Estimate of 74 cents. The bottom line increased 22.1% year over year.Total revenues of $1.80 billion beat the consensus estimate of $1.78 billion. The top line increased 7% year over year. Acquisitions contributed 6.9% to revenues while organic revenues increased 1%. Foreign currency movements had a negative impact of 0.9%.Orders totaled $1.8 billion, down 4% year over year. Org ...