Ingersoll-Rand 2Q Earnings Pregame Scorecard

Last quarter Ingersoll-Rand (NYSE:IR) beat estimates by 6 cents per share and it is up again on Friday, July 20, 2012.


Analysts currently expect Ingersoll-Rand to come in with earnings of 91 cents per share on revenues of $3.89 billion. Estimates from analysts range from 85 cents per share to 95 cents per share. Over the past three months, the average estimate has moved down from 97 cents.

Last Quarter's Results

In the first quarter, the company swung to a profit of $95.6 million (31 cents a share) from a loss of $77.6 million (22 cents) a year earlier, beating analyst estimates. Revenue rose 0.4% to $3.15 billion from $3.14 billion.

Stock Ratings

Analysts are bullish on the stock as nine analysts rate it as a buy and only one analyst rate it as a sell.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $3.98 per share between June 25, 2012 and July 3, 2012.


Reporting Period: 2Q

Date of Release: Friday, July 20, 2012

EPS: 91 cents

Revenue Estimate: $3.89 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)