Ingersoll Rand (IR) Q2 Earnings & Revenues Top Estimates
Ingersoll Rand(IR) ZACKS·2024-08-02 02:06
Ingersoll Rand Inc. (IR) reported second-quarter 2024 adjusted earnings of 83 cents per share, which surpassed the Zacks Consensus Estimate of 74 cents. The bottom line increased 22.1% year over year.Total revenues of $1.80 billion beat the consensus estimate of $1.78 billion. The top line increased 7% year over year. Acquisitions contributed 6.9% to revenues while organic revenues increased 1%. Foreign currency movements had a negative impact of 0.9%.Orders totaled $1.8 billion, down 4% year over year. Org ...