For the quarter ended December 2024, Ingersoll Rand (IR) reported revenue of $1.9 billion, up 4.2% over the same period last year. EPS came in at $0.84, compared to $0.86 in the year-ago quarter.The reported revenue represents a surprise of -0.40% over the Zacks Consensus Estimate of $1.91 billion. With the consensus EPS estimate being $0.84, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

Ingersoll Rand (IR) came out with quarterly earnings of $0.84 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this maker of flow control and compression equipment would post earnings of $0.82 per share when it actually produced earnings of $0.84, delivering a surprise of 2.44%.Over the last four quarters, the company has surpassed consensus EPS estimates three ...

Ingersoll Rand Reports Record Fourth Quarter and Full-Year 2024 Results Delivered double-digit Adjusted EPS growth in 2024; Well-positioned for strong operational performance in 2025 Fourth Quarter 2024 Highlights (All comparisons against the fourth quarter of 2023 unless otherwise noted) Strong performance driven by its competitive differentiator - Ingersoll Rand Execution Excellence (IRX): Full-Year 2024 Highlights (All comparisons against 2023 unless otherwise noted) 2025 Guidance DAVIDSON, N.C. – Februa ...

Ingersoll Rand earns “A List” rating from CDP in the environmental stewardship category for the second year in a rowRanked #1 globally in the Machinery and Electrical Equipment industry with a top 1% score on the 2024 S&P Global Corporate Sustainability Assessment and included on the Dow Jones Best-in-Class Indices for the third year in a rowNear-term and net-zero Scope 1, 2, and 3 targets approved by the Science Based Targets initiative (SBTi), validating Ingersoll Rand’s proposed emission reduction strate ...

Ingersoll Rand Inc. (IR) is scheduled to release fourth-quarter 2024 results on Feb. 13, before market open.The Zacks Consensus Estimate for Ingersoll Rand’s fourth-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 9.1%.The consensus estimate for revenues is pegged at $1.9 billion, indicating growth of 4.9% from the prior-year quarter’ ...

Wall Street analysts expect Ingersoll Rand (IR) to post quarterly earnings of $0.84 per share in its upcoming report, which indicates a year-over-year decline of 2.3%. Revenues are expected to be $1.91 billion, up 4.9% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.5% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings dis ...

Wall Street expects a year-over-year decline in earnings on higher revenues when Ingersoll Rand (IR) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 1 ...

Acquisition extends company’s capabilities in wastewater treatment, a key high-growth, sustainable end marketEnables Ingersoll Rand to provide more comprehensive wastewater treatment solutions, allowing for greater energy efficiency and increased productivity for customersCreates opportunities to accelerate topline growth through access to municipal marketsAttractive purchase multiple of approximately 10x 2024E Adjusted EBITDA DAVIDSON, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc., (NYSE: IR) ...

DAVIDSON, N.C., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, will issue its fourth quarter 2024 earnings release after the market closes on Thursday, February 13, 2025. Ingersoll Rand will also host a live earnings conference call to discuss the fourth quarter results on Friday, February 14, 2025, at 8 a.m. Eastern Standard Time. To participate in the call, please dial +1-888-330-3073, domesti ...

Forex Exposure and International Presence - Ingersoll Rand has significant exposure to regions outside the United States, making it vulnerable to political and economic disruptions that can directly affect profits [1] - The company faces headwinds from unfavorable foreign currency movements due to its extensive international presence [1][2] Operational Performance and Stock Performance - Ingersoll Rand's recent operational performance has failed to impress investors due to rising costs and high debt levels [2] - The company's stock has declined 0.6% in the past six months, underperforming the industry's 7.4% growth [3] Rising Costs and Financial Impact - Cost inflation has significantly impacted Ingersoll Rand's operations, with the cost of sales increasing 11.2% year over year in 2023 [5] - Selling and administrative expenses surged 16.1% in 2023 and increased 7.5% in the first nine months of 2024 [5] - Selling and administrative expenses as a percentage of revenues rose by 40 basis points to 19% [6] - The company expects to incur corporate costs of $170 million in 2024, driven by investments in demand generation, digital, and IT-related areas [6] High Debt Levels and Financial Obligations - Ingersoll Rand's long-term debt increased to $4.8 billion at the end of Q3 2024, up from $2.7 billion at the end of 2023 [8] - Interest expenses in the first nine months of 2024 were $151.4 million, up 27% year over year [8] Industry Comparison and Alternative Stocks - Graham Corporation (GHM) is a better-ranked company in the same industry, with a Zacks Rank 1 (Strong Buy) and a trailing four-quarter average earnings surprise of 101.9% [7] - Gates Industrial Corporation plc (GTES) carries a Zacks Rank 2 (Buy) and has a trailing four-quarter average earnings surprise of 11.8% [9] - Generac Holdings Inc. (GNRC) also carries a Zacks Rank of 2, with a trailing four-quarter average earnings surprise of 10.8% [9]