Ingersoll Rand: Q4 Earnings Insights

Ingersoll Rand (NYSE:IR) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:30 PM. Here’s what…

Ingersoll Rand (NYSE:IR) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:30 PM.

Here’s what investors need to know about the announcement.

Earnings

Ingersoll Rand beat estimated earnings by 11.69%, reporting an EPS of $0.86 versus an estimate of $0.77.

Revenue was up $197.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.08 which was followed by a 5.81% increase in the share price the next day.

Here’s a look at Ingersoll Rand’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.69 0.60 0.52 0.62
EPS Actual 0.77 0.68 0.65 0.72
Revenue Estimate 1.69B 1.58B 1.48B 1.54B
Revenue Actual 1.74B 1.69B 1.63B 1.62B

To track all earnings releases for Ingersoll Rand visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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