Ingersoll-Rand Plc (NYSE: IR ) is expected to report Q1 earnings on April 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Ingersoll-Rand Plc's revenues will increase 0.4% and EPS will expand 32.3%.
The average estimate for revenue is $3.16 billion. On the bottom line, the average EPS estimate is $0.41.
Last quarter, Ingersoll-Rand Plc reported revenue of $3.47 billion. GAAP reported sales were 1.0% lower than the prior-year quarter's $3.51 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.76. GAAP EPS of $0.78 for Q4 were 1.3% higher than the prior-year quarter's $0.77 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 30.6%, 200 basis points better than the prior-year quarter. Operating margin was 10.6%, 90 basis points better than the prior-year quarter. Net margin was 6.8%, 10 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $14.55 billion. The average EPS estimate is $3.62.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 971 members out of 999 rating the stock outperform, and 28 members rating it underperform. Among 335 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 330 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.
The rich are different than you and me: They might not notice the moneymaking stories right under our noses. In our new report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice," we give you three Peter Lynch-inspired buy-what-you-know stocks for the 99%. Click here for instant access to this free report.
- Add Ingersoll-Rand Plc to My Watchlist.