Ingersoll-rand Earnings Preview: Can This Streak Continue?
Ingersoll-rand (NYSE:IR) will report earnings before markets open on Friday, July 19th. Ingersoll-Rand PLC is a diversified, global company that provides a diverse range of products and services for a wide range of industries. The Company’s operations include consist of air conditioning systems and services, climate control technologies, industrial technologies and security technologies.
Here is your Cheat Sheet to Ingersoll-rand Earnings:
Earnings Expectations: Analysts expect earnings of $1.08 per share on revenues of $3.88 billion. Currently, the company’s P/E ratio stands at 18.00.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.1 and has not changed. For the current year, the average estimate is a profit of $3.58, which is worse than the estimate ninety days ago.
Here’s how Ingersoll-rand has been performing on an annual basis:
|Revenue ($) in millions||13,227||13,195||14,079||14,782||14,035|
|Diluted EPS ($)||-8.73||1.37||1.89||1.01||3.28|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||3,821.30||3,592.80||3,470.20||3,112.40|
|Diluted EPS ($)||1.16||1.03||0.78||0.29|
Ingersoll-rand has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)