Ingersoll-Rand (NYS: IR) is expected to report Q2 earnings on July 20. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Ingersoll-Rand's revenues will shrink -0.2% and EPS will grow 3.4%.
The average estimate for revenue is $3.89 billion. On the bottom line, the average EPS estimate is $0.91.
Last quarter, Ingersoll-Rand logged revenue of $3.15 billion. GAAP reported sales were 3.8% lower than the prior-year quarter's $3.27 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.31. GAAP EPS were $0.30 for Q1 against -$0.24 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 28.9%, 130 basis points better than the prior-year quarter. Operating margin was 7.3%, 30 basis points better than the prior-year quarter. Net margin was 3.0%, 540 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $14.39 billion. The average EPS estimate is $3.03.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 984 members rating the stock outperform, and 29 members rating it underperform. Among 297 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 292 give Ingersoll-Rand a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ingersoll-Rand is outperform, with an average price target of $43.95.
Add Ingersoll-Rand to My Watchlist.
At the time thisarticle was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.