Ingersoll-Rand (IR) Misses Q1 EPS by 40c, Revenues Miss
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Ingersoll Rand Reports First-Quarter 2020 Results
May 12, 2020 6:30 AM EDTImportant note: On February 29, 2020, Gardner Denver Holdings, Inc. closed on the acquisition of Ingersoll-Rand plcs Industrial segment (the Transaction) and assumed the name Ingersoll Rand Inc. Reported results reflect the respective contributions from each company based on the close of the Transaction. For comparative purposes, management has also presented herein Supplemental Financial Information as if the Transaction was completed on January 1, 2018. All comparisons provided are on a year-over-year basis unless otherwise noted.
Reported revenues of $800 million, up 29%, due primarily to the TransactionSupplemental adjusted revenues of $1.3 billion, down 14% excluding impact of foreign exchange... More
