Ingersoll Rand (NYSE:IR) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:30 PM.
Here's what investors need to know about the announcement.
Earnings
Ingersoll Rand beat estimated earnings by 8.89%, reporting an EPS of $0.49 versus an estimate of $0.45.
Revenue was down $33.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 3.21% drop in the share price the next day.
Here's a look at Ingersoll Rand's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.59 | 0.47 | 0.42 | 0.35 |
| EPS Actual | 0.68 | 0.57 | 0.46 | 0.45 |
| Revenue Estimate | 1.42B | 1.28B | 1.21B | 1.31B |
| Revenue Actual | 1.42B | 1.32B | 1.28B | 1.37B |
To track all earnings releases for Ingersoll Rand visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
