Benzinga | Aug 3, 2020 04:45PM EDT

Ingersoll Rand Q2 EPS $0.31 Beats $0.19 Estimate, Sales $1.30B Beat $1.17B Estimate

Ingersoll Rand (NYSE:IR) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.19 by 63.16 percent. This is a 27.91 percent decrease over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $1.30 billion which beat the analyst consensus estimate of $1.17 billion by 11.11 percent. This is a 106.64 percent increase over sales of $629.10 million the same period last year.