On Tuesday, July 30, Ingersoll-Rand IR will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Ingersoll-Rand EPS is expected to be around $2.05, according to sell-side analysts. Sales will likely be near $4.58 billion.
In the same quarter last year, Ingersoll-Rand announced EPS of $1.85 on revenue of $4.36 billion. If the company were to match the consensus estimate when it reports Tuesday, earnings would be up 10.81%. Sales would be up 5.09% from the same quarter last year. Ingersoll-Rand's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
EPS Estimate | 0.800 | 1.29 | 1.7 | 1.72 |
EPS Actual | 0.890 | 1.32 | 1.75 | 1.85 |
Stock Performance
Over the last 52-week period, shares of Ingersoll-Rand are up 25.43%. Over the past 90 days, analysts have adjusted their estimates higher for EPS and revenues. The average rating by analysts on Ingersoll-Rand stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
Ingersoll-Rand is scheduled to hold a conference call at 10:00 a.m. ET and it can be accessed here: http://ir.ingersollrand.com/investors/press-releases-and-events/events/default.aspx
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.