Ingersoll-Rand Company Limited Fourth Quarter Earnings Sneak Peek

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S&P 500 (NYSE:SPY) component Ingersoll-Rand Company Limited (NYSE:IR) will unveil its latest earnings on Wednesday, February 8, 2012. Ingersoll-Rand provides products and services to improve the quality and comfort of air in homes and buildings, transport and protect food and perishables and commercial properties.

Ingersoll-Rand Company Limited Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 67 cents per share, a rise of 8.1% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting profit of $2.72 per share, a rise of 22% from last year.

Last quarter, the company came in at net income of 81 cents per share against a mean estimate of profit of 79 cents per share, beating estimates after missing them in the previous quarter. In the second quarter, it missed forecasts by 6 cents.

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Wall St. Revenue Expectations: Analysts are projecting a decline of 3.2% in revenue from the year-earlier quarter to $3.59 billion.

Analyst Ratings: Analysts seem relatively indifferent about Ingersoll-Rand Company with nine of 16 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit fell 62.9% to $86.2 million (25 cents a share) from $232.2 million (68 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 5.3% to $3.93 billion from $3.73 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 5.1% in the second quarter from the year earlier, climbed 6.3% in the first quarter from the year-ago quarter and 12.3% in the fourth quarter of the last fiscal year.

Stock Price Performance: During January 4, 2012 to February 2, 2012, the stock price had risen $4.40 (13.8%) from $31.86 to $36.26. The stock price saw one of its best stretches over the last year between October 20, 2011 and October 28, 2011 when shares rose for seven-straight days, rising 18.1% (+$4.94) over that span. It saw one of its worst periods between July 29, 2011 and August 8, 2011 when shares fell for seven-straight days, falling 21.1% (-$7.85) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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