Investing.com - Ingersoll Rand reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ingersoll Rand announced earnings per share of $0.53 on revenue of $1.51B. Analysts polled by Investing.com anticipated EPS of $0.4472 on revenue of $1.46B.
Ingersoll Rand shares are down 3% from the beginning of the year and are trading at $45.20 , down-from-52-week-high.They are under-performing the S&P 500 which is up 3.21% from the start of the year.
Ingersoll Rand shares gained 3.27% in after-hours trade the report.
Ingersoll Rand follows other major Capital Goods sector earnings this month
Ingersoll Rand's report follows an earnings beat by Honeywell on Friday, January 29, 2021, who reported EPS of $2.07 on revenue of $8.9B, compared to forecasts EPS of $2 on revenue of $8.4B.
Boeing had missed expectations on Wednesday, January 27, 2021 with fourth quarter EPS of $-15.25 on revenue of $15.3B, compared to forecast for EPS of $-1.64 on revenue of $15.06B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar