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Ingersoll Rand reports muted fourth-quarter results
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Ingersoll Rand reports muted fourth-quarter results
Feb 13, 2025 2:44 PM

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.

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