Ingersoll-Rand Plc is a global industrial manufacturing company that specializes in creating innovative solutions to enhance efficiency and productivity across a range of sectors
The company offers a diverse portfolio of products and services, including air compressors, tools, and material handling equipment, which are designed to meet the needs of various industries such as construction, automotive, and manufacturing. Ingersoll-Rand emphasizes sustainability and energy efficiency in its operations, working to reduce emissions and improve performance through advanced technology and engineering. Their commitment to customer satisfaction is reflected in their extensive support and service offerings, which help clients optimize their operations and achieve long-term success.
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Over the last six months, Ingersoll Rand shares have sunk to $82.99, producing a disappointing 8.8% loss - worse than the S&P 500’s 1.1% drop. This may have investors wondering how to approach the situation.
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Shares of industrial manufacturing company Ingersoll Rand (NYSE:IR) fell 5.8% in the afternoon session after the company reported weak fourth-quarter results. Its organic revenue slightly missed and its revenue was in line with Wall Street's estimates. Looking ahead, guidance largely came in below expectations. Overall, this was a softer quarter.
According to Koyfin data, the industrial products firm reported quarterly revenue of $1.90 billion on Thursday, compared with analysts’ estimate of $1.91 billion.
Let's have a look at what is happening on the US markets in the middle of the day on Friday. Below you can find the top S&P500 gainers and losers in today's session.
Industrial manufacturing company Ingersoll Rand (NYSE:IR) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 4.2% year on year to $1.90 billion. Its non-GAAP profit of $0.84 per share was in line with analysts’ consensus estimates.
Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life sciences and industrial solutions, reported record results for both the fourth quarter and the full-year 2024.
DAVIDSON, N.C., Feb. 12, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, declared today a regular quarterly cash dividend of $0.02 (two cents) per share of common stock payable on March 27, 2025 to stockholders of record on March 5, 2025.
DAVIDSON, N.C., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, continues to demonstrate meaningful progress against its ambitious sustainability strategy and goals with new recognition from CDP, the Dow Jones Best-in-Class Indices (previously the Dow Jones Sustainability Indices), the Science Based Targets initiative (SBTi), and TIME.
DAVIDSON, N.C., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, announced that Vik Kini, chief financial officer, will participate in fireside chats at the following upcoming investor conferences: