25.10.2017 12:34:01

Ingersoll-Rand PLC Earnings Rise 0% In Q3

(RTTNews) - Ingersoll-Rand PLC (IR) announced a profit for its third quarter that rose compared to the same period last year.

The company said its bottom line totaled $369.3 million, or $1.44 per share. This was up from $368.1 million, or $1.41 per share, in last year's third quarter.

Analysts had expected the company to earn $1.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.8% to $3.67 billion. This was up from $3.57 billion last year.

Ingersoll-Rand PLC earnings at a glance:

-Earnings (Q3): $369.3 Mln. vs. $368.1 Mln. last year. -Earnings Growth (Y-o-Y): 0.3% -EPS (Q3): $1.44 vs. $1.41 last year. -EPS Growth (Y-o-Y): 2.1% -Analysts Estimate: $1.43 -Revenue (Q3): $3.67 Bln vs. $3.57 Bln last year. -Revenue Change (Y-o-Y): 2.8%

-Guidance: Full year EPS guidance: $4.50

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