Ingersoll-Rand PLC Reports 11% Rise In Q2 Profit

(RTTNews) - Ingersoll-Rand PLC (IR) reported earnings for its second quarter that climbed from last year.

The company said its bottom line climbed to $359.8 million, or $1.38 per share. This was higher than $324.4 million, or $1.20 per share, in last year's second quarter.

Analysts had expected the company to earn $1.30 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.5% to $3.69 billion. This was up from $3.60 billion last year.

Ingersoll-Rand PLC earnings at a glance:

-Earnings (Q2): $359.8 Mln. vs. $324.4 Mln. last year. -Earnings Growth (Y-o-Y): 10.9% -EPS (Q2): $1.38 vs. $1.20 last year. -EPS Growth (Y-o-Y): 15.0% -Analysts Estimate: $1.30 -Revenue (Q2): $3.69 Bln vs. $3.60 Bln last year. -Revenue Change (Y-o-Y): 2.5%

-Guidance: Full year EPS guidance: $4.00 - $4.10