Ingersoll Rand Inc. (NYSE:IR ) Q4 2024 Earnings Conference Call February 14, 2025 8:00 AM ET Company Participants Matthew Fort - VP, IR Vicente Reynal - Chairman & CEO Vik Kini - CFO Conference Call Participants Michael Halloran - Baird Julian Mitchell - Barclays Jeff Sprague - Vertical Research Partners Rob Wertheimer - Melius Research Andy Kaplowitz - Citigroup Stephen Volkmann - Jefferies Chris Snyder - Morgan Stanley Nicole DeBlase - Deutsche Bank Nigel Coe - Wolfe Research Nathan Jones - Stifel David Raso - Evercore ISI Andrew Buscaglia - BNP Paribas Operator Hello, and welcome to the Ingersoll Rand 2024 Fourth Quarter Earnings Call. All lines have been placed on mute to prevent any background noise.
IR's fourth-quarter 2024 adjusted earnings of 84 cents per share decrease 2.3% year over year.
Although the revenue and EPS for Ingersoll (IR) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Ingersoll Rand (IR) came out with quarterly earnings of $0.84 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.86 per share a year ago.
Ingersoll Rand's fourth-quarter results are likely to gain from strength across the Industrial Technologies & Services and Precision and Science Technologies segments.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ingersoll (IR), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
Ingersoll (IR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Increasing operating costs and a high debt level weigh on IR. Unfavorable foreign currency movement is an added concern.
IR benefits from strength across its businesses, acquired assets and shareholder-friendly policies. However, rising operating expenses and high long-term debt remain concerns.
Here is how Ingersoll Rand (IR) and Kadant (KAI) have performed compared to their sector so far this year.
IR's third-quarter 2024 adjusted earnings of 84 cents per share increase 9.1% year over year.
Ingersoll Rand Inc. (NYSE:IR ) Q3 2024 Results Conference Call November 1, 2024 8:00 AM ET Company Participants Matthew Fort - VP, IR Vicente Reynal - Chairman and CEO Vik Kini - CFO Conference Call Participants Mike Halloran - Baird Julian Mitchell - Barclays Jeff Sprague - Vertical Research Partners Rob Wertheimer - Melius Research Andy Kaplowitz - Citigroup Nigel Coe - Wolfe Research Joe Ritchie - Goldman Sachs Chris Snyder - Morgan Stanley Joe O'Dea - Wells Fargo David Raso - Evercore ISI Andrew Buscaglia - BNP Paribas Nathan Jones - Stifel Operator Good day, and welcome to the Ingersoll Rand Q3 2024 Earnings Call. All lines have been placed on mute to prevent any background noise.