Ingersoll-Rand Boosts FY18 Adj Earnings Outlook - Quick Facts

(RTTNews) - Ingersoll-Rand plc (IR) on Wednesday raised its earnings guidance for fiscal 2018. The company now expects earnings from continuing operations for the year to be in a range of $5.70 to $5.75 per share, compared to the prior outlook of about $5.25 per share.

It also projects 2018 adjusted earnings from continuing operations in a range of $5.55 to $5.60 per share, up from the previous forecast of about $5.50 per share.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $5.55 per share for the year. Analysts' estimates typically exclude special items.