04:53 PM EDT, 05/01/2025 (MT Newswires) -- Ingersoll Rand ( IR ) reported Q1 adjusted earnings late Thursday of $0.72 per diluted share, down from $0.78 a year earlier.

Analysts polled by FactSet expected $0.73.

Revenue for the quarter ended March 31 was $1.72 billion, up from $1.67 billion a year earlier.

Analysts surveyed by FactSet expected $1.73 billion.

The company lowered its full-year 2025 adjusted EPS guidance to between $3.28 and $3.40 from $3.38 and $3.50. Analysts expect $3.39.

The company continues to expect 2025 revenue growth of 3% to 5%.

The company board also authorized a $1 billion share repurchase program, incremental to the $993 million remaining under the existing authorization.