Ingersoll Rand Reports Strong Q4 Results to Close Out a Great 2018; Sees Continued Growth in 2019
Narrow-moat rated Ingersoll Rand reported strong fourth-quarter results, which featured 8% year-over-year top-line growth to $3.9 billion, a 90-basis-point increase in adjusted operating margin to 12%, and a 29% increase in adjusted EPS from continuing operations to $1.32. Total organic bookings during the quarter were up 17% year over year driven by bookings growth across all of Ingersoll Rand's business lines. On a full-year basis, total revenue grew 10% year over year (9% organic) to $15.7 bi...Ingersoll-Rand provides products, services and solutions to enhance air in homes and buildings, transport and protect food. Co.'s segments are: Climate. which includes Trane® and American Standard® Heating & Air Conditioning, providing heating, ventilation and air conditioning systems, and commercial and residential building services, parts, support and controls, energy services and building automation as well as transport temperature control solutions; and Industrial, which includes compressed air and gas systems and services, power tools, material handling systems, ARO® fluid management equipment, as well as Club Car ® golf, utility and rough terrain vehicles.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.