Ingersoll-Rand (IR) Tops Q1 EPS by 9c, Raises FY EPS Guidance

Ingersoll-Rand (NYSE: IR) reported Q1 EPS of $0.89, $0.09 better than the analyst estimate of $0.80. Revenue for the quarter came in at $3.58 billion versus the consensus estimate of $3.5 billion.

GUIDANCE:

Ingersoll-Rand sees FY2019 EPS of $6.35, versus the consensus of $6.31.

• The Company exited the first quarter with increased confidence in its ability to execute against its growth and margin targets.

For earnings history and earnings-related data on Ingersoll-Rand (IR) click here.

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