Ingersoll-Rand Plc (IR) reported tepid fourth-quarter 2016 results with net earnings of $198.8 million or 75 cents per share compared with $233.5 million or 88 cents per share in the year-earlier quarter.
Ingersoll-Rand Plc (IR) misses on fourth-quarter 2016 earnings, but beats revenues.
Ingersoll-Rand (IR) is seeing encouraging earnings estimate revision activity as of late and carries a favorable rank, positioning the company for a likely beat this season.
Ingersoll-Rand Plc (IR) is scheduled to report fourth-quarter 2016 results before the opening bell on Feb 1.
Rockwell Automation, Inc. (ROK) is scheduled to report first-quarter fiscal 2017 results on Jan 25, before the opening bell.
On Jan 3, 2017, Zacks Investment Research downgraded Ingersoll-Rand Plc (IR) to a Zacks Rank #4 (Sell) from a Zacks Rank 3 (Hold) earlier.
On Nov 25, Zacks Investment Research updated the research report on diversified electronics manufacturer Amphenol Corporation (APH).
On Nov 21, 2016, Zacks Investment Research downgraded Ingersoll-Rand Plc (IR) to a Zacks Rank #3 (Hold).
Applied Industrial Technologies, Inc. (AIT) was a big mover last session, as the company saw its shares rise over 5% on the day.
Shares of Colfax Corporation (CFX) reached a new 52-week high of $34.22 during its trading session on Nov 8. This apex improved upon the last 52-week high of $33.63 on Apr 27.
Amphenol Corporation (APH) scaled a new 52-week high of $66.94 on Nov 8.
Shares of industrial goods manufacturer Ingersoll-Rand Plc (IR) scaled a new 52-week high of $69.37 on Nov 4.
Ingersoll-Rand Plc (IR) reported modest third-quarter 2016 results.
Barnes Group Inc. (B) is set to release third-quarter 2016 results on Oct 28, before the market opens. The Zacks Consensus Estimate is pegged at 67 cents per share.
Ingersoll-Rand (IR) seems poised to beat estimates in the upcoming earnings season, as it has a favorable Zacks Rank and a positive ESP.