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Ingersoll Rand (IR) Q3 earnings are expected to have gained from solid medical end markets, strong product portfolio and innovation capabilities despite the coronavirus outbreak-led issues.
Ingersoll (IR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ingersoll Rand Inc. is an American multinational company that provides flow creation and industrial products. The company was formed in February 2020 through the spinoff of the industrial segment of Ingersoll-Rand plc (now known as Trane Technologies) and its merger with Gardner Denver. Its products are sold under more than 40 brands across all ...
It was acquired by Ingersoll Rand in 1995 as part of the company's Infrastructure division, but was merged with Bobcat to create a new Compact Vehicles Technology division aimed at producing utility vehicles in addition to golf cars. [2] In 2021, Platinum Equity acquired Club Car in an all-cash transaction valued at $1.68 billion. [1]
Herbert L. Henkel was elected chairman of the Board of Directors of Ingersoll-Rand Company in May 2000. Also, he retained his previous titles of president and chief executive officer of the company. He graduated from Brooklyn Technical High School. [1]
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Margins matter. The more Ingersoll-Rand (NYS: IR) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
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