{"id":40992,"date":"2013-02-01T10:54:00","date_gmt":"2013-02-01T10:54:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/ingersoll-rand-reports-q4-results-ir\/40992\/"},"modified":"2013-02-01T10:54:00","modified_gmt":"2013-02-01T10:54:00","slug":"ingersoll-rand-reports-q4-results-ir","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/ingersoll-rand-reports-q4-results-ir\/40992\/","title":{"rendered":"Ingersoll-Rand Reports Q4 Results (IR)"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p>Ingersoll-Rand Plc (<a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=IR\" target=\"_blank\" rel=\"noopener\">NYSE: IR<\/a>) today reported its fourth-quarter financial results, posting a slight decline in profit, as it saw weak demand for its heating and cooling systems and other industrial equipment.<\/p>\n<p><span id=\"more-40992\"><\/span><\/p>\n<p>Key Points<\/p>\n<ul>\n<li>Ingersoll-Rand\u2019s fourth-quarter profit fell 2.7%<\/li>\n<li>Sales for the quarter were flat<\/li>\n<li>Company Expects moderate growth in industrial markets, global parts and service, and across most of its businesses in Asia and Latin America in 2013<\/li>\n<\/ul>\n<p>For the fourth quarter of 2012, Ingersoll-Rand reported net earnings of $235.6 million, or $0.78 per share, compared to $242.2 million, or $0.76 per share reported for the same period in the previous year. The increase in per share earnings in fourth quarter of 2012 was due to lower number of shares outstanding. Excluding one-time items, the company reported earnings of $0.76 per share. For the same period in 2011, the company\u2019s adjusted earnings were $0.76 per share. Sales for the quarter were $3.5 billion, flat compared to 2011.<\/p>\n<p>For the full year, Ingersoll-Rand reported net revenue of $14.035 billion, down 5% over 2011. Full-year earnings were $3.28 per share.<\/p>\n<p>Michael W. Lamach, Chairman and CEO of Ingersoll-Rand, said that in 2012, the company improved the strength of its business operations, delivering increased operating margins, and a 23% improvement in adjusted earnings per share despite a challenging economic backdrop in a number of the company\u2019s key end markets.<\/p>\n<p>For the first quarter of 2013, Ingersoll-Rand expects revenue to be between $3.1 billion and $3.2 billion. Adjusted earnings from continuing operations are expected to be between $0.35 per share and $0.40 per share.<\/p>\n<p>Ingersoll-Rand shares were marginally higher, at last check, in <a href=\"https:\/\/stockmarketwatch.com\/markets\/pre-market\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Premarket Movers\">pre-market trading<\/a> today. The stock had finished 0.45% lower at $51.39 in regular trading on Thursday.<\/p>\n<p>About Ingersoll-Rand Plc<\/p>\n<p>Ingersoll-Rand Plc is a provider of products, services and solutions to enhance the comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div class=\"nr_clear\"><\/div>\n<div id=\"nrelate_popular_2\" class=\"nrelate nrelate_popular nrelate_default nr_1col nr_text\"><\/div>\n<p>\t<!--[if IE 6]>\n\t\t<script type=\"text\/javascript\">jQuery('.nrelate_default').removeClass('nrelate_default');<\/script>\n\t<![endif]--><\/p>\n<p>\t<script type=\"text\/javascript\">\n\t\/* <![CDATA[ *\/\n\t\tnRelate.domain = \"www2.thestockmarketwatch.com%2Fstock-market-news\";\n\t\tvar entity_decoded_nr_mp_url = jQuery('<span\/>').html(\"https:\/\/web.archive.org\/web\/20130204002726\/http:\/\/api.nrelate.com\/mpw_wp\/0.51.2\/?tag=nrelate_popular&domain=www2.thestockmarketwatch.com%2Fstock-market-news&url=http%3A%2F%2Fwww2.thestockmarketwatch.com%2Fstock-market-news%2Fingersoll-rand-reports-q4-results-ir%2F40992&nr_div_number=2&maxageposts=7200&increment=1\").text();\n\t\tnRelate.getNrelatePosts(entity_decoded_nr_mp_url);\n\t\/* ]]&gt; *\/\n\t<\/script>\n\n\n<div class=\"nr_clear\"><\/div>\n\n\n<script id=\"mNCC\" language=\"javascript\">  medianet_width='600';  medianet_height= '250';  medianet_crid='814932888';  <\/script>  <script id=\"mNSC\" src=\"https:\/\/web.archive.org\/web\/20130204002726js_\/http:\/\/contextual.media.net\/nmedianet.js?cid=8CUT71M67\" language=\"javascript\"><\/script> \n\n\n\n\n<!-- AddThis Button BEGIN -->\n\n\n<div class=\"addthis_toolbox addthis_default_style addthis_32x32_style\">\n<a class=\"addthis_button_preferred_1\"><\/a>\n<a class=\"addthis_button_preferred_2\"><\/a>\n<a class=\"addthis_button_preferred_3\"><\/a>\n<a class=\"addthis_button_preferred_4\"><\/a>\n<a class=\"addthis_button_compact\"><\/a>\n<a class=\"addthis_counter addthis_bubble_style\"><\/a>\n<\/div>\n\n\n<script type=\"text\/javascript\">var addthis_config = {\"data_track_addressbar\":true};<\/script>\n<script type=\"text\/javascript\" src=\"http:\/\/s7.addthis.com\/js\/250\/addthis_widget.js#pubid=pennystocksfinder\"><\/script>\n<!-- AddThis Button END -->\n\n\n\n\n<p>More Posts by this author<\/p>\n\n\n\n<ul>\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/economic-outlook-continues-to-improve-but-sequester-can-spoil-the-party\/41026\">\nEconomic Outlook Continues to Improve but Sequester Can Spoil the Party<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/chevron-q4-earnings-edge-past-streets-estimate-as-refining-business-flourishes-cvx\/41025\">\nChevron Q4 Earnings Edge Past Street\u2019s Estimate as Refining Business Flourishes (CVX)<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-settle-higher-logs-weekly-gains-but-outlook-bearish\/41024\">\nGold Prices Settle Higher, Logs weekly Gains but Outlook Bearish<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/market-update-after-hours-february-1\/41022\">\nMarket Update After Hours February 1<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-rally-on-economic-data-end-higher-for-the-week\/41003\">\nStocks Rally on Economic Data; End Higher for the Week<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/gold-prices-settle-higher-silver-prices-rise-sharply-4\/41002\">\nGold Prices Settle Higher; Silver Prices Rise Sharply<\/a><\/li>\n\n\n\n\n\n\n<li><a href=\"http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-headed-for-a-sharply-higher-finish-dow-jones-above-14000\/41001\">\nStocks Headed for a Sharply Higher Finish; Dow Jones Above 14,000<\/a><\/li>\n\n\n\n<\/ul>\n\n\n\n\n\n\n<hr>\n\n\n\n\n\n<table style=\"border:none;margin:0;\">\n\n\n<tr>\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/web.archive.org\/web\/20130204002726im_\/http:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/userphoto\/5.jpg\" alt=\"edliston\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n\n\n\n\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n\n\n<div style=\"font-size:11pt;\"><b>Post Written By: Ed Liston <\/b><\/div>\n\n\n\n\n<div style=\"font-size:10pt;\">\n\nEd Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.\n<\/div>\n\n\n<\/td>\n\n<\/tr>\n\n<\/table>\n\n\n\n\n\n\n\n<!--script type=\"text\/javascript\">\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\n<\/script>\n<script type=\"text\/javascript\"\nsrc=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script-->\n\n\t\t\t\t\t\t\n\n\t\n\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ingersoll-Rand Plc (NYSE: IR) today reported its fourth-quarter financial results, posting a slight decline in profit, as it saw weak [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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