Here's Why Investors Should Retain Ingersoll Rand (IR) Now
IRIngersoll Rand(IR) Zacks Investment Research·2024-05-13 23:31

Ingersoll Rand Inc. (IR) has been benefiting from strong orders for industrial vacuum and blower within the Industrial Technologies & Services unit. Also, stable orders for compressors have been proving beneficial for the segment. Going forward, growth in short-cycle orders along with strong book-and-ship orders is likely to be a tailwind for the Precision and Science Technologies segment. For 2024, IR expects revenues to increase 4-6% from the year-ago levels. Management forecasts adjusted earnings in the ...