Ingersoll-Rand (IR) Tops Q4 EPS by 9c; offers FY24 guidance

Ingersoll-Rand (NYSE: IR) reported Q4 EPS of $0.86, $0.09 better than the analyst estimate of $0.77. Revenue for the quarter came in at $1.82 billion versus the consensus estimate of $1.77 billion.

GUIDANCE:

Ingersoll-Rand sees FY2024 EPS of $3.14-$3.24, versus the consensus of $3.17.

Expect full-year 2024 revenue growth of 5% to 7% and Adjusted EBITDA1 of $1,915 to $1,975 million, up 7% to 11% over prior year

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

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