May 1 (Reuters) - Air compressor maker Ingersoll Rand ( IR )

trimmed its full-year adjusted profit forecast on

Thursday, expecting sluggish demand for its products.

The company now expects annual adjusted profit to be between

$3.28 and $3.40 per share, down from its previous expected range

of $3.38 to $3.50 per share.

On average, analysts expect the company to report an

adjusted profit of $3.40 per share in 2025, according to data

compiled by LSEG.

Shares of the company were down close to 6% in aftermarket

trading and have fallen 15.8% since the start of the year.

"We recognize the dynamic nature of the current environment,

and remain focused on staying agile," said CEO Vicente Reynal.

Persistent supply chain constraints and inflation-driven

higher material costs have also negatively impacted the

company's performance.

The company reported an adjusted profit of 72 cents per

share in the first quarter, narrowly missing estimates of 73

cents per share.

Revenue for the quarter ended March 31 was $1.72 billion,

compared to the analysts' average estimate of $1.73 billion.