WASHINGTON (dpa-AFX) - Ingersoll Rand Inc (IR) reported a profit for its third quarter that Increases, from last year in line with the Street estimates.
The company's earnings came in at $244.1 million, or $0.61 per share. This compares with $221.6 million, or $0.54 per share, last year.
Excluding items, Ingersoll Rand Inc reported adjusted earnings of $343.9 million or $0.86 per share for the period.
Analysts on average had expected the company to earn $0.86 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.8% to $1.95 billion from $1.86 billion last year.
Ingersoll Rand Inc earnings at a glance (GAAP) :
-Earnings: $244.1 Mln. vs. $221.6 Mln. last year. -EPS: $0.61 vs. $0.54 last year. -Revenue: $1.95 Bln vs. $1.86 Bln last year.
-Guidance: Full year EPS guidance: $3.25 - $3.31
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