Ingersoll-Rand PLC Q4 Income Climbs 12%

(RTTNews) - Ingersoll-Rand PLC (IR) released a profit for its fourth quarter that climbed from last year.

The company said its bottom line came in at $248.6 million, or $0.94 per share. This was up from $222.2 million, or $0.82 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.93 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 $3.33 billion. This was up from $3.24 billion last year.

Ingersoll-Rand PLC earnings at a glance:

-Earnings (Q4): $248.6 Mln. vs. $222.2 Mln. last year. -Earnings Growth (Y-o-Y): 11.9% -EPS (Q4): $0.94 vs. $0.82 last year. -EPS Growth (Y-o-Y): 14.6% -Analysts Estimate: $0.93 -Revenue (Q4): $3.33 Bln vs. $3.24 Bln last year. -Revenue Change (Y-o-Y): 2.8%

-Guidance: Next quarter EPS guidance: $0.33 - $0.38