Ingersoll-Rand Plc (NYSE: IR ) reported earnings on Feb. 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Ingersoll-Rand Plc met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share didn't change.
Gross margins grew, operating margins expanded, net margins dropped.
Ingersoll-Rand Plc chalked up revenue of $3.47 billion. The 15 analysts polled by S&P Capital IQ looked for a top line of $3.46 billion on the same basis. GAAP reported sales were 0.5% higher than the prior-year quarter's $3.45 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.76. The 21 earnings estimates compiled by S&P Capital IQ predicted $0.71 per share. GAAP EPS of $0.77 were the same as the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 30.5%, 170 basis points better than the prior-year quarter. Operating margin was 10.6%, 70 basis points better than the prior-year quarter. Net margin was 6.8%, 20 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $3.18 billion. On the bottom line, the average EPS estimate is $0.48.
Next year's average estimate for revenue is $14.59 billion. The average EPS estimate is $3.62.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 972 members out of 1,001 rating the stock outperform, and 29 members rating it underperform. Among 354 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 349 give Ingersoll-Rand Plc a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ingersoll-Rand Plc is outperform, with an average price target of $50.79.
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