Traders Review These 3 Stocks With Fresh Earnings News

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Ingersoll-Rand plc (NYSE:IR) reported net income above Wall Street’s expectations for the fourth quarter. Net income for Ingersoll-Rand plc rose to $242.2 million (76 cents per share) vs. $212.1 million (62 cents per share) in the same quarter a year earlier. This marks a rise of 14.2% from the year earlier quarter. Revenue fell 5% to $3.51 billion from the year earlier quarter. Ingersoll-Rand plc beat the mean analyst estimate of 67 cents per share. It fell short of the average revenue estimate of $3.59 billion.

“In 2011, we improved the strength of our business operations, driving increased operating margins, and a 19 percent improvement in earnings per share despite a challenging economic backdrop in a number of our key residential and commercial building end markets,” said Michael W. Lamach, chairman, president and CEO. “We are pleased with the progress we made during this past year. We made notable improvements in pricing capabilities, productivity and working capital management that helped to drive the strong cash flow that supported our share buyback and dividend expansion. We have also taken the necessary actions to improve the performance of the residential HVAC business. Our management team is focused on accelerating restructuring and cost reduction actions to generate sustained profitable growth in what we expect to be a slow growth economy in 2012.”

Competitors to Watch: Lennox International Inc. (NYSE:LII), Standex Int’l Corp. (NYSE:SXI), AAON, Inc. (NASDAQ:AAON), Lennox International (NYSE:LII), Honeywell International (NYSE:HON), General Electric Company (NYSE:GE), Johnson Controls Inc. (NYSE:JCI) and Refrigeration Electrical Engineering (AMEX:REE).

Equifax Inc. (NYSE:EFX) reported its results for the fourth quarter. Net income for the credit services company rose to $74.7 million (61 cents per share) vs. $62.2 million (50 cents per share) in the same quarter a year earlier. This marks a rise of 20.1% from the year earlier quarter. Revenue rose 5.7% to $509.7 million from the year earlier quarter. Equifax Inc. reported adjusted net income of 68 cents per share. By that measure, the company beat the mean estimate of 67 cents per share. Analysts were expecting revenue of $501.5 million.

“I am very proud of our fourth quarter performance which topped off a year of significant accomplishments including strong execution on our core growth initiatives, which resulted in acceleration of our organic non-mortgage revenue growth. We continue to diversify our served markets and customers through the rapid deployment of many new products. New products have resulted in an expansion of our markets as well as share gains within our current customer base. We are also becoming well positioned for long-term growth in Brazil through our successful partnership with Boa Vista Servicos,” said Richard F. Smith, Equifax’s Chairman and Chief Executive Officer. “In 2012, there will be new opportunities that will drive our business performance. You can expect this management team to continue building on its accomplishments to further enhance long term revenue growth and operating margin.”

Competitors to Watch: McGraw-Hill (NYSE:MHP), Paychex (NASDAQ:PAYX), Automatic Data Processing (NASDAQ:ADP), Thomson Reuters (NYSE:TRI), EDGAR (NASDAQ:EDGR), FactSet Research (NYSE:FDS), ValuLine (NASDAQ:VALU), Envestnet (NYSE:ENV), Morningstar (NASDAQ:MORN) and The Dun & Bradstreet Corp. (NYSE:DNB).

Amerco (NASDAQ:UHAL) reported its results for the third quarter. Net income for Amerco fell to $728,000 (4 cents per share) vs. $18.6 million (80 cents per share) a year earlier. This is a decline of 96.1% from the year earlier quarter. Revenue rose 19.5% to $633.1 million from the year earlier quarter. Amerco reported adjusted net income of $1.65 per share. By that measure, the company beat the mean estimate of $1.31 per share. It beat the average revenue estimate of $515 million.

“Of course it is a disappointment to have the strong results in our U-Haul business clouded by the additional reserving at Repwest,” stated Joe Shoen, chairman of AMERCO. “I still expect the year to finish strong for the entire organization,” Shoen concluded.

Competitors to Watch: Avis Budget Group Inc. (NYSE:CAR), Zipcar Inc (NASDAQ:ZIP), Ryder System, Inc. (NYSE:R), Express-1 Expedited Solutions Inc. (AMEX:XPO), Hertz Global Hldgs., Inc. (NYSE:HTZ), Landstar System, Inc. (NASDAQ:LSTR), Patriot Transportation Holding, Inc. (NASDAQ:PATR).

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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