Ingersoll Rand Inc. (IR) reported strong fourth-quarter earnings, with adjusted profit of 96 cents per share, surpassing Wall Street expectations of 91 cents. The company also exceeded revenue forecasts, posting $2.09 billion for the quarter. For the full year, Ingersoll reported a profit of $581.4 million and expects future earnings between $3.45 and $3.57 per share.
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Ingersoll: Q4 Earnings Snapshot
Ingersoll Rand Inc. (IR) reported strong fourth-quarter earnings, with adjusted profit of 96 cents per share, surpassing Wall Street expectations of 91 cents. The company also exceeded revenue forecasts, posting $2.09 billion for the quarter. For the full year, Ingersoll reported a profit of $581.4 million and expects future earnings between $3.45 and $3.57 per share.