Ingersoll Rand Inc. (IR) is scheduled to release fourth-quarter 2023 results on Feb 15, after market close.The company has a stellar earnings surprise history, having outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 16.1%. Its bottom line surpassed the Zacks Consensus Estimate by 10% in the last reported quarter.Let’s see how things have shaped up for Ingersoll Rand this earnings season.Key Factors and Estimates for Q4Solid demand and higher orders wit ...

In its upcoming report, Ingersoll Rand (IR) is predicted by Wall Street analysts to post quarterly earnings of $0.76 per share, reflecting an increase of 5.6% compared to the same period last year. Revenues are forecasted to be $1.76 billion, representing a year-over-year increase of 8.1%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company ...

DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and industrial solutions, announced that Vicente Reynal, chairman and chief executive officer, Vik Kini, chief financial officer and Mike Weatherred, senior vice president, Ingersoll Rand Execution Excellence (IRX) and Commercial Excellence, will participate in fireside chats at the following upcoming investor conferences: - The Barclays Industrial Select Conference on Wednesday, February 21 ...

Several companies in the Zacks Industrial Products sector, including major player Caterpillar (CAT) , have reported fourth-quarter 2023 earnings results. As a widely recognized economic bellwether, Caterpillar's performance is closely monitored by investors, offering valuable insights into the sector's potential. CAT's recent report showed a notable 35.5% improvement in fourth-quarter earnings, surpassing expectations on increased demand for its energy and transportation products, and favorable price realiz ...

DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, closed on the acquisition of Friulair S.r.l. (“Friulair”) in an all-cash upfront purchase price of approximately $146M. Based in Italy, Friulair is recognized globally for its design and production of dryers, filters, aftercoolers, and accessories for the treatment of compressed air as well as its chiller product line. The addition of Friulair will increase the sc ...

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simonkr Investment Introduction When I look at Ingersoll Rand Inc. (NYSE:IR) one of the first thoughts that comes to mind is about how strong the value creation has been throughout its many years of operations. IR has found its advantages and way to grow rapidly, that being with a strong diversified product lineup enabling it to penetrate several market opportunities globally. The value creation that I talk about with IR comes from in my opinion the growth of the business and how that will continue to d ...

Ingersoll Rand Inc. (IR) is poised to benefit from its presence across diversified end markets, which enables it to mitigate weakness in one market with strength across others.The company has been witnessing higher orders across its product portfolio of compressors, vacuum and blowers and power tools and lifting within the Industrial Technologies & Services unit. Pricing actions and acquisition benefits augur well for the Precision & Science Technologies segment. For 2023, Ingersoll Rand expects revenue gro ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Ingersoll Rand (IR) . This company, which is in the Zacks Manufacturing - General Industrial industry, shows potential for another earnings beat.When looking at the last two reports, this maker of flow control and compression equipment has recorded a strong streak of surpassing earnings estimates. The company has topped estima ...

DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, will issue its fourth quarter 2023 earnings release after the market closes on Thursday, February 15, 2024. Ingersoll Rand will also host a live earnings conference call to discuss the fourth quarter results on Friday, February 16, 2024, at 8 a.m. Eastern Standard Time. To participate in the call, please dial +1-888-330-3073, domestically, or +1-646-960-0683, intern ...