Feb 13 (Reuters) - Ingersoll Rand ( IR ) reported
fourth-quarter results roughly in line with estimates on
Thursday and also indicated that it remained poised for a strong
year of mergers and acquisitions.
An advancing non-residential construction market in the
United States has bolstered demand for the company's products.
Ingersoll reported a quarterly adjusted profit of 84 cents
per share, in line with estimates, according to data compiled by
LSEG.
Its revenue for the fourth quarter rose 4.2% to $1.89
billion, compared to analysts' average estimate of $1.9 billion.