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Ingersoll Rand's (IR) fourth-quarter 2023 results benefit from higher revenues of the Industrial Technologies segment.
Although the revenue and EPS for Ingersoll (IR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Ingersoll Rand's (IR) Q4 results are likely to benefit from solid demand, pricing actions and contributions from acquisitions. However, high operating expenses might have affected its margins.
Besides Wall Street's top -and-bottom-line estimates for Ingersoll (IR), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
Industrial Products stocks like Ingersoll Rand (IR), Lincoln Electric (LECO), Terex (TEX) and RBC Bearings (RBC) have the potential to deliver better-than-expected earnings in their upcoming releases.
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Ingersoll Rand: Years Of Value Creation Likely To Continue
Ingersoll Rand (IR) gains from solid momentum in its businesses, solid product offerings and acquisitions. However, the softness of its life sciences business remains a concern.
Ingersoll (IR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, will issue its fourth quarter 2023 earnings release after the market closes on Thursday, February 15, 2024. Ingersoll Rand will also host a live earnings conference call to discuss the fourth quarter results on Friday, February 16, 2024, at 8 a.m. Eastern Standard Time. To participate in the call, please dial +1-888-330-3073, domestically, or +1-646-960-.