Ingersoll-Rand Expects To Exceed Its Q2 Guidance

Ingersoll-Rand plc IR, a world leader in creating and sustaining safe, comfortable and efficient environments, today announced that it expects to report second quarter 2010 earnings per share (EPS) from continuing operations in the range of $0.74 to $0.76 per share, including restructuring and productivity investments. Expected EPS would exceed management’s prior forecast range of $0.62 to $0.72. Second quarter revenues are anticipated to approximate $3.7 billion, which would be an increase of 7 percent compared with 2009, and exceed the company’s prior revenue growth forecast range of 3 percent to 6 percent.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsGuidanceMarketsEarningsguidanceIndustrial MachineryIndustrials
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!