Ingersoll Rand's Q3 Earnings Surpass Estimates, Revenues Miss
IRIngersoll Rand(IR) ZACKS·2024-11-02 00:41

Ingersoll Rand Inc. (IR) reported third-quarter 2024 adjusted earnings of 84 cents per share, which surpassed the Zacks Consensus Estimate of 82 cents. The bottom line increased 9.1% year over year.Total revenues of $1.86 billion missed the consensus estimate of $1.88 billion. However, the top line increased 7% year over year. Acquisitions contributed 8.9% to revenues, while organic revenues decreased 2.5%. Foreign currency movements had a positive impact of 0.5%.Orders totaled $1.8 billion, up 9.8% year ov ...