Ingersoll Rand Reports Fourth Quarter and Full Year 2020 Results
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Ingersoll-Rand (IR) Tops Q4 EPS by 8c, Revenues Beat
February 22, 2021 5:08 PM ESTIngersoll-Rand (NYSE: IR) reported Q4 EPS of $0.53, $0.08 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.46 billion.
Fourth-Quarter 2020 Highlights
Reported revenues of $1.5 billionReported net income attributable to Ingersoll Rand Inc. of $152 million, or earnings per share of $0.36, including $179 million of pre-tax amortization, restructuring and related business transformation costs, acquisition-related expenses and other adjustmentsAdjusted net income of $226 million, or $0.53 per shareAdjusted EBITDA of $344 million with a margin of 22.8%Reported operating cash flow of $412 million and free cash flow of $397 million, both including... More