Ingersoll-Rand PLC Q4 Profit Rises

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

The company said its bottom line climbed to $259.1 million, or $1.02 per share. This was up from $220.6 million, or $0.84 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.03 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.0% to $3.56 billion. This was up from $3.36 billion last year.

Ingersoll-Rand PLC earnings at a glance:

-Earnings (Q4): $259.1 Mln. vs. $220.6 Mln. last year. -Earnings Growth (Y-o-Y): 17.5% -EPS (Q4): $1.02 vs. $0.84 last year. -EPS Growth (Y-o-Y): 21.4% -Analysts Estimate: $1.03 -Revenue (Q4): $3.56 Bln vs. $3.36 Bln last year. -Revenue Change (Y-o-Y): 6.0%