Ingersoll Rand Inc IR.N, IR is expected to show a rise in quarterly revenue when it reports results on July 31 for the period ending June 30 2024
The Davidson North Carolina-based company is expected to report a 6.6% increase in revenue to $1.797 billion from $1.69 billion a year ago, according to the mean estimate from 11 analysts, based on LSEG data.
LSEG's mean analyst estimate for Ingersoll Rand Inc is for earnings of 78 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 6 "hold" and "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Ingersoll Rand Inc is $102.00, above its last closing price of $98.74.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING |
STARMINESMARTESTIMATE® |
LSEG IBES ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
SURPRISE % |
Jan. 1 0001 |
0.69 |
0.69 |
0.78 |
Beat |
13 |
Jan. 1 0001 |
0.77 |
0.77 |
0.86 |
Beat |
11.7 |
Jan. 1 0001 |
0.69 |
0.69 |
0.77 |
Beat |
12 |
Jun. 30 2023 |
0.60 |
0.60 |
0.68 |
Beat |
13.6 |
Mar. 31 2023 |
0.53 |
0.52 |
0.65 |
Beat |
24.2 |
Dec. 31 2022 |
0.63 |
0.63 |
0.72 |
Beat |
15.1 |
Sep. 30 2022 |
0.59 |
0.59 |
0.62 |
Beat |
5.3 |
Jun. 30 2022 |
0.52 |
0.52 |
0.54 |
Beat |
3.6 |
This summary was machine generated July 29 at 22:15 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)