Ingersoll Rand: Q1 Earnings Insights

Ingersoll Rand 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.

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.

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.

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