25.07.2018 12:36:28
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Ingersoll-Rand PLC Q2 adjusted earnings Beat Estimates
(RTTNews) - Ingersoll-Rand PLC (IR) reported earnings for its second quarter that climbed from last year.
The company's earnings totaled $454.0 million, or $1.82 per share. This compares with $350.3 million, or $1.35 per share, in last year's second quarter.
Excluding items, Ingersoll-Rand PLC reported adjusted earnings of $462.5 million or $1.85 per share for the period.
Analysts had expected the company to earn $1.73 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 11.5% to $4.36 billion from $3.91 billion last year.
Ingersoll-Rand PLC earnings at a glance:
-Earnings (Q2): $462.5 Mln. vs. $386.0 Mln. last year. -EPS (Q2): $1.85 vs. $1.49 last year. -Analysts Estimate: $1.73 -Revenue (Q2): $4.36 Bln vs. $3.91 Bln last year.
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