Ingersoll Rand Sees 2024 Adj. EPS $3.14-$3.24 vs $3.17 Est., Revenue Growth 5-7%
Portfolio Pulse from Benzinga Newsdesk
Ingersoll Rand projects its 2024 adjusted EPS to be between $3.14 and $3.24, compared to the estimated $3.17. The company also expects revenue growth to be in the range of 5-7%.
February 15, 2024 | 9:32 pm
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Ingersoll Rand anticipates its 2024 adjusted EPS to range from $3.14 to $3.24, surpassing the estimated $3.17, and expects a 5-7% revenue growth.
The projection of Ingersoll Rand's adjusted EPS to be slightly above the estimated figure and the anticipated revenue growth indicate a positive outlook for the company. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100