Ingersoll-Rand Plc (NYSE: IR) reported earnings on July 19. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Ingersoll-Rand Plc beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased slightly. Non-GAAP earnings per share dropped. GAAP earnings per share shrank.

Gross margins grew, operating margins contracted, net margins shrank.

Revenue details
Ingersoll-Rand Plc logged revenue of $3.93 billion. The 16 analysts polled by S&P Capital IQ anticipated net sales of $3.88 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $1.14. The 21 earnings estimates compiled by S&P Capital IQ averaged $1.08 per share. Non-GAAP EPS of $1.14 for Q2 were 0.9% lower than the prior-year quarter's $1.15 per share. (The prior-year quarter included $0.02 per share in earnings from discontinued operations.) GAAP EPS of $1.05 for Q2 were 9.5% lower than the prior-year quarter's $1.16 per share. (The prior-year quarter included $0.02 per share in earnings from discontinued operations.)

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 31.9%, 100 basis points better than the prior-year quarter. Operating margin was 12.3%, 30 basis points worse than the prior-year quarter. Net margin was 8.1%, 150 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $3.74 billion. On the bottom line, the average EPS estimate is $1.09.

Next year's average estimate for revenue is $14.37 billion. The average EPS estimate is $3.57.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 972 members out of 1,000 rating the stock outperform, and 28 members rating it underperform. Among 329 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 325 give Ingersoll-Rand Plc a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ingersoll-Rand Plc is hold, with an average price target of $58.78.

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