Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $68.63 USD
Change Today 0.00 / 0.00%
Volume 1.8M
IR On Other Exchanges
Symbol
Exchange
New York
Stuttgart
As of 6:40 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

ingersoll-rand plc (IR) Key Developments

Ingersoll-Rand plc Announces Increase in 2015 Annual Dividend; Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reaffirms Earnings Guidance for the Full Year of 2015; Provides Earnings Guidance for the Second Quarter of 2015

Ingersoll-Rand Plc announced an increase in 2015 annual dividend to $1.16 per share, up 16% year-over-year. Ingersoll-Rand Plc reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net revenue of $2,887.8 million compared to $2,722.9 million a year ago. Operating income was $171.1 million compared to $155.0 million a year ago. Earnings before income taxes of $89.6 million compared to $105.2 million a year ago. Earnings from continuing operations were $62.7 million compared to $80.7 million a year ago. Net earnings were $55.4 million compared to $83.6 million a year ago. Net earnings attributable to the company were $51.3 million compared to $79.0 million a year ago. Diluted earnings per share attributable to the company of $0.19 compared to $0.28 a year ago. Adjusted operating income was $183.7 million compared to $163.9 million a year ago. Adjusted earnings from continuing operations before income taxes of $144.8 million compared to $114.1 million a year ago. Adjusted earnings from continuing operations attributable to the company of $101.7 million compared to $82.9 million a year ago. Adjusted diluted earnings per share from continuing operations of $0.38 compared to $0.29 a year ago. EBITDA was $271.6 million compared to $246.2 million a year ago. Net cash used in operating activities of $125.2 million compared to $122.0 million a year ago. Capital expenditures were $55.7 million compared to $50.5 million a year ago. Free cash flow was negative at $180.9 million. Adjusted EPS for the quarter was $0.07. The company reaffirmed earnings guidance for the full year of 2015. For the period, the company’s organic revenues, which exclude currency and acquisitions, for the full-year 2015 are expected to increase in the range of 4% to 5%. Reported revenues are also expected to increase in the range of 4% to 5% compared with 2014. Full-year adjusted EPS from continuing operations are expected to be in the range of $3.66 to $3.81, with full-year reported continuing EPS expected to be $3.42 to $3.60. Restructuring expenses are expected to approximate $0.02 to $0.05 per share. The forecast includes a tax rate of 25% for continuing operations and an average diluted share count for the full year of approximately 270 million shares. Free cash flow for full-year 2015 is expected to be in the range of $950 million to one billion dollars. The company provided earnings guidance for the second quarter of 2015. For the period, the company’s organic revenues are expected to increase in the range of 5% to 6% compared with 2014 and reported revenues are expected to be up 4% to 5%. Adjusted EPS from continuing operations for the second-quarter of 2015 are expected to be in the range of $1.18 to $1.22 with reported EPS of $1.14 to $1.18 Restructuring expenses are expected to approximate $0.01 per share. The second-quarter forecast reflects an ongoing tax rate of 25% for continuing operations and an average diluted share count of approximately 270 million shares.

Ingersoll Rand Launches New Compressed Air and Gas Technologies

Ingersoll Rand has launched new compressed air and gas system offerings at the ComVac show for 2015 in Germany. The provider of air and gas systems and services the RS-Series Contact-Cooled Rotary Screw Air compressors, three new dryers, TURBO-AIR NX 12000 Centrifugal Compressor, and the TURBO-DRI Air Treatment.

Ingersoll-Rand Plc Declares Quarterly Dividend, Payable June 30, 2015

The Board of Directors for Ingersoll-Rand plc declared a quarterly dividend of $0.29 cents per ordinary share, payable June 30, 2015, to shareholders of record on June 12, 2015.

Ingersoll-Rand Plc to Report Q1, 2015 Results on Apr 23, 2015

Ingersoll-Rand Plc announced that they will report Q1, 2015 results at 7:00 AM, US Eastern Standard Time on Apr 23, 2015

Ingersoll-Rand Plc, Q1 2015 Earnings Call, Apr 23, 2015

Ingersoll-Rand Plc, Q1 2015 Earnings Call, Apr 23, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IR:US $68.63 USD 0.00

IR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Daikin Industries Ltd ¥8,220 JPY +25.00
Komatsu Ltd ¥2,561 JPY +23.50
Parker-Hannifin Corp $124.89 USD +2.40
Stanley Black & Decker Inc $99.71 USD -0.08
Tyco International Plc $40.01 USD -0.03
View Industry Companies
 

Industry Analysis

IR

Industry Average

Valuation IR Industry Range
Price/Earnings 21.1x
Price/Sales 1.4x
Price/Book 3.2x
Price/Cash Flow 20.1x
TEV/Sales 1.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact INGERSOLL-RAND PLC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.