Ingersoll-Rand Down Over 8% on Disappointing Earnings and Guidance

Ingersoll-Rand IR is down over 8% on disappointing earnings and guidance this morning. The company reported Q2 EPS of $0.88 vs. $0.93 Est; Revenues $3.9B vs. $3.87B Est and guided Q3 EPS $0.85-0.95 vs $0.98 Est; Revenue 3.85B-3.95B vs $3.91B Est. Ingersoll-Rand is currently trading at $41.02, a loss of $3.75 or 8.38%.