IR Earnings Prediction
The chart below shows how IR performed 10 days before and after its earnings report, based on data from the past quarters. Typically, IR sees a -2.60% change in stock price 10 days leading up to the earnings, and a +4.22% change 10 days following the report. On the earnings day itself, the stock moves by -0.00%. This data can give you a slight idea of what to expect for the next quarter's release.
IR Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.86B
7.02%
3.09%
Gross Margin
38.69%
3.98%
-0.51%
Operating Margin
20.69%
8.44%
3.66%
Net Margin
12.00%
-0.41%
16.17%
EPS
0.54
5.88%
20.00%
No Data Available
IR Earnings Analysis
Ingersoll Rand Inc. Common Stock Corporation (IR.N) Earnings Conference Call
Positive
Order Growth Performance: Total company orders grew by 10% or up 1% organically, finishing largely in line with expectations.
Revenue Performance Analysis: Total revenue was up 7% as reported or down 2% organically.
EBITDA Growth and Margin Expansion: The company delivered third quarter adjusted EBITDA of $533 million, a 15% year-over-year improvement and adjusted EBITDA margins of 28.6%, a 210 basis point year-over-year improvement driven predominantly through gross margin expansion.
Earnings Per Share Increase: Adjusted earnings per share was $0.84 for the quarter, which is up 9% compared to the prior year.
Free Cash Flow Performance: Free cash flow for the quarter was $374 million delivering a solid 20% free cash flow margin in the quarter.
Negative
Revenue Decline Analysis: Total revenue was down 2% organically, indicating a decline in sales performance.
Order Flow Decline: Book-to-bill ratio was 0.97x, suggesting a decrease in incoming orders compared to outgoing.
Order Fulfillment Delays: Customer site readiness issues have led to delays in order fulfillment, impacting revenue generation.
Macroeconomic Challenges Impact Growth: The company experienced significant challenges in the macroeconomic environment, affecting overall growth.
PST Segment Margin Decline: Operating margins in the PST segment decreased by 30 basis points year-over-year, reflecting pressure on profitability.
IR FAQs
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IR Earning Call Sentiment
Ingersoll Rand Inc. (IR) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
IR.N
-1.3%Positive
The earnings call summary indicates strong financial performance with a 7% revenue increase and a 15% EBITDA improvement. The raised guidance for 2024 revenue growth and EPS, along with substantial share repurchases, suggests confidence in future performance. While challenges like customer delivery delays and competitive pressures exist, the robust M&A strategy and positive Q&A insights regarding biopharma growth and service performance balance these concerns. The overall sentiment leans positive, with potential for a 2% to 8% stock price increase over the next two weeks.