Ingersoll Rand Q2 Adj $0.83 Beats $0.78 Estimate, Sales $1.81B Beat $1.80B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ingersoll Rand (NYSE:IR) reported Q2 earnings of $0.83 per share, beating the analyst estimate of $0.78. Sales were $1.81 billion, slightly above the $1.80 billion estimate. Both earnings and sales showed significant year-over-year growth.
July 31, 2024 | 8:47 pm
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Ingersoll Rand reported Q2 earnings of $0.83 per share, beating the analyst estimate of $0.78. Sales were $1.81 billion, slightly above the $1.80 billion estimate. Both earnings and sales showed significant year-over-year growth.
The company's earnings and sales both exceeded analyst expectations and showed significant year-over-year growth, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100