CORRECTION: Ingersoll Rand Q2 Adj $0.68 Beats $0.60 Estimate, Sales $1.69B Beat $1.58B Estimate
Portfolio Pulse from Happy Mohamed
Ingersoll Rand reported Q2 earnings of $0.68 per share, beating the analyst consensus estimate of $0.60 by 13.33%. The company also reported quarterly sales of $1.69 billion, surpassing the analyst consensus estimate of $1.58 billion by 6.77%. Both earnings and sales have increased compared to the same period last year.
August 04, 2023 | 12:24 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Ingersoll Rand's Q2 earnings and sales exceeded analyst estimates, indicating a positive financial performance.
Ingersoll Rand's Q2 earnings and sales have surpassed analyst estimates, which is typically a positive signal for the company's stock. The increase in earnings and sales compared to the same period last year also indicates a strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100