DAVIDSON, N.C., May 02, 2024--Ingersoll Rand Inc. (NYSE: IR) reported record first quarter revenues, Adjusted EBITDA, and Adjusted EPS.
Ingersoll Rand (IR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Ingersoll Rand's (IR) Q1 results are likely to benefit from strong demand, pricing actions and contributions from acquisitions. However, high operating expenses might have affected its margins.