Ingersoll Rand Q4 Earnings Call Highlights

For the full year, orders increased 9% year over year (up 1% organically). Revenue increased 6%, while organic revenue was down 1%, which management attributed largely to “tough first half comps,” with improving trajectory later in the year. Kini said results exceeded the upper end of prior guidance for both adjusted EBITDA and adjusted EPS, with full-year adjusted EBITDA of about $2.1 billion (27.4% margin) and adjusted EPS of $3.34 (up 2% year over year) on an adjusted tax rate of 22.8%.For the fourth qua ...