U.S. markets closed
  • S&P Futures

    4,115.50
    -11.00 (-0.27%)
     
  • Dow Futures

    33,648.00
    -55.00 (-0.16%)
     
  • Nasdaq Futures

    13,722.75
    -71.50 (-0.52%)
     
  • Russell 2000 Futures

    2,178.90
    -5.10 (-0.23%)
     
  • Crude Oil

    62.61
    +0.17 (+0.27%)
     
  • Gold

    1,781.00
    +2.60 (+0.15%)
     
  • Silver

    25.88
    +0.03 (+0.14%)
     
  • EUR/USD

    1.2037
    -0.0004 (-0.04%)
     
  • 10-Yr Bond

    1.5620
    -0.0390 (-2.44%)
     
  • Vix

    18.68
    +1.39 (+8.04%)
     
  • GBP/USD

    1.3930
    -0.0007 (-0.05%)
     
  • USD/JPY

    107.9330
    -0.1370 (-0.13%)
     
  • BTC-USD

    56,231.52
    +1,587.34 (+2.90%)
     
  • CMC Crypto 200

    1,288.43
    +54.01 (+4.38%)
     
  • FTSE 100

    6,859.87
    -140.21 (-2.00%)
     
  • Nikkei 225

    28,462.20
    -638.18 (-2.19%)
     

Recap: Ingersoll Rand Q4 Earnings

  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Ingersoll Rand (NYSE:IR) moved higher in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 43.24% over the past year to $0.53, which beat the estimate of $0.45.

Revenue of $1,511,000,000 up by 149.42% year over year, which beat the estimate of $1,460,000,000.

Outlook

Ingersoll Rand Sees FY21 Sales Growth In High Single To Low Double Digits, Adj. EBITDA $1.23B-$1.26B

Recent Stock Performance

Company's 52-week high was at $146.85

View more earnings on IR

Company's 52-week low was at $17.01

Price action over last quarter: Up 15.48%

Company Overview

Ingersoll-Rand, Inc. was formed through the merger of Gardner Denver and Ingersoll-Rand PLC's industrial segment. After the merger, the firm's portfolio consists of four business lines: industrial technologies and services, precision and science technologies, high-pressure solutions, and specialty vehicle technologies. Ingersoll-Rand serves a variety of end markets, including industrial, medical, and energy. Its broad portfolio of products includes compression, blower and vacuum, fluid management, upstream and midstream energy solutions, as well as small electric vehicles and power tools and material handling solutions. On a pro forma basis, Ingersoll-Rand generated roughly $6.5 billion in revenue and $662 million in operating income in 2018.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.