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 ...

Core Insights - Ingersoll Rand Inc. has completed the acquisition of Friulair S.r.l. for an all-cash upfront price of approximately $146 million, enhancing its air dryer business and expanding its manufacturing capabilities [1][2] Group 1: Acquisition Details - Friulair, based in Italy, specializes in the design and production of dryers, filters, aftercoolers, and accessories for compressed air treatment, as well as chillers [1] - The acquisition is expected to significantly increase Ingersoll Rand's access to the original equipment manufacturer channel and add new chiller production capabilities [1][2] - Friulair employs around 215 people and generates approximately $65 million in revenue [2] Group 2: Financial Expectations - Ingersoll Rand anticipates realizing Adjusted EBITDA margins exceeding 30% by the third year of ownership through synergies and the deployment of IRX [2] - The acquisition is expected to accelerate growth in the food and beverage and pharmaceutical end markets, in addition to scaling the existing air treatment business [2] Group 3: Strategic Integration - Friulair will be integrated into Ingersoll Rand's Industrial Technologies and Services (IT&S) segment, aligning with the company's strategic growth objectives [2]

Core Insights - Zacks Premium offers tools to enhance investor confidence and market engagement through daily updates, research reports, and stock screens [1] Zacks Style Scores - Zacks Style Scores rate stocks based on value, growth, and momentum, providing a framework for investors to identify securities likely to outperform the market in the short term [2] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [2] Value Score - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [2] Growth Score - The Growth Score emphasizes a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [3] Momentum Score - The Momentum Score assesses stocks based on price trends and earnings estimate changes, helping investors capitalize on upward or downward price movements [3] VGM Score - The VGM Score combines the three Style Scores, providing a comprehensive indicator for selecting stocks with strong value, growth, and momentum characteristics [4] Zacks Rank - The Zacks Rank is a proprietary model that uses earnings estimate revisions to identify stocks with high potential returns, with 1 (Strong Buy) stocks averaging a +25.41% annual return since 1988 [5] - There are over 800 top-rated stocks available, making it essential for investors to utilize Style Scores alongside the Zacks Rank for optimal stock selection [6] Stock to Watch: Ingersoll Rand (IR) - Ingersoll Rand Inc. is rated 3 (Hold) on the Zacks Rank, with a VGM Score of B and a Growth Style Score of B, indicating potential for growth [8] - The company forecasts a year-over-year earnings growth of 21.6% for the current fiscal year, with an upward revision in earnings estimates [8] - The Zacks Consensus Estimate for IR has increased by $0.03 to $2.87 per share, with an average earnings surprise of 16.1% [8]

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 ...

Core Insights - Ingersoll Rand Inc. is positioned to leverage its diversified market presence to offset weaknesses in specific sectors [1] - The company anticipates a revenue growth of 14-16% year over year for 2023, with organic revenue growth projected at 9-11% [1] - Recent acquisitions, including Oxywise and Fraserwoods, are expected to enhance capabilities in high-growth markets [1] - The company expects acquisitions to contribute an additional $360 million to revenues in 2023 [2] Financial Performance - Ingersoll Rand's free cash flow increased by 60.2% year over year to $720.2 million in the first nine months of 2023 [2] - The company returned value to shareholders through $24.3 million in dividends and $132.8 million in share repurchases during the same period [2] - The company experienced a 12.7% increase in cost of sales and a 14.9% rise in selling and administrative expenses in the first nine months of 2023 [3] Market Challenges - The Precision & Science Technologies segment faced a revenue decline of 1.8% on a reported basis and 5.3% organically due to weak demand in the life sciences sector [3] - Rising costs and operating expenses have been a concern, impacting overall profitability [3] Comparative Performance - Ingersoll Rand's stock has gained 33.4% over the past three months, outperforming the industry average growth of 21.4% [2]

Core Viewpoint - Ingersoll Rand (IR) is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a strong history of surpassing expectations [1][2]. Group 1: Earnings Performance - Ingersoll Rand has consistently exceeded earnings estimates, with an average surprise of 12.63% over the last two quarters [1]. - For the last reported quarter, the company achieved earnings of $0.77 per share, surpassing the Zacks Consensus Estimate of $0.70 per share by 10% [1]. - In the previous quarter, Ingersoll Rand's earnings were $0.68 per share against an expected $0.59, resulting in a surprise of 15.25% [1]. Group 2: Earnings Estimates and Predictions - Recent changes in earnings estimates for Ingersoll Rand have been favorable, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [2][3]. - The current Earnings ESP for Ingersoll Rand is +1.64%, reflecting increased analyst optimism regarding its near-term earnings potential [3]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [2]. Group 3: Earnings ESP Metric - The Earnings ESP metric compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [3]. - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [4]. - It is crucial to check a company's Earnings ESP before quarterly releases to enhance the chances of successful predictions [4].

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 ...

Q3 2023 Earnings / Presentation ngersoll Rand. VALUES oyepic/ Talent ommitted to may. stomers successf ION We think and act like own Forward Looking Statements This presentation by Ingersoll Rand Inc. (the "Company" or "Ingersoll Rand") contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related the Company's expectations regarding the performance of its business, its financial results, its liquidity and capital resources and ...

Ingersoll Rand Inc. (NYSE:IR) Q3 2023 Earnings Conference Call November 2, 2023 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 Andy Kaplowitz - Citigroup Rob Wertheimer - Melius Research Nigel Coe - Wolfe Research Joe Ritchie - Goldman Sachs Joe O'Dea - Wells Fargo Chris Snyder - UBS Adam Farley - Stifel Operator Good morning. My name ...