Ingersoll Rand down after lowering 2025 profit outlook
ReutersOct 31, 2025 1:06 PM
Shares of air compressor maker Ingersoll Rand IR.N fall 3% to $76 premarket
Co trimmed its full-year profit forecast on Thursday as tariffs squeeze margins
Jefferies says pricing actions won't fully offset tariff-related margin pressure for co until 2026
IR expects full-year adj. earnings per share to be between $3.25 and $3.31, compared to prior forecast of $3.34 to $3.46 per share
Co posts Q3 revenue of $1.96 bln, above analysts' avg. estimate of $1.95 bln - data compiled by LSEG
Its quarterly adj. profit came at 86 cents/share, in line with estimates
As of last close, stock down 13% YTD
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
U.S. October ADP Nonfarm: For U.S. Stocks, Employment Data Should Be Read in Reverse
In our view, the underlying softness in the U.S. labour market is unlikely to reverse soon, raising the odds of sustained Fed easing and leaving room for further equity upside.TradingKey
2 hours ago
Palantir Q3 Earnings Preview: Will Another 50% Growth Beat Continue Its Run of Defying Expectations?
TradingKey - Palantir (PLTR), the defense-focused AI software company, will report its Q3 2025 earnings after market close on November 3. Despite a 165% year-to-date surge in its stock price and persistent concerns over sky-high valuation, Wall Street expects Palantir to deliver another quarter ofTradingKey
18 hours ago
What Is Shiba Inu? Can Shiba Reach $1? SHIB Price Analysis and Forecast
Shiba Inu represents a novel asset class: born as a pure meme coin but evolving into an ecosystem with practical applications. SHIB’s future success depends on continued ecosystem development and effective deflationary mechanisms. Institutions generally see medium- to long-term growth potential, espTradingKey
Tue, Oct 28
Can Zcash (ZEC) Sustain Its Rally? What’s Next for Its Price Trajectory?
Launched in 2016, Zcash (ZEC) is a cryptocurrency focused on privacy protection. Its key innovation lies in selective privacy, allowing users to choose between transparent and shielded transactions.TradingKey
Sat, Oct 18
Understanding the Fed’s Overnight Reverse Repo(RRP), What Is the Relationship Between QT and Debt Ceiling
TradingKey - As the U.S. enters a new rate cycle, the quantitative tightening (QT)—initially launched to reduce the Federal Reserve’s bloated balance sheet following the COVID-19 pandemic—is also nearing its conclusion. A key metric in gauging when to end QT is the scale of the Fed’s ON RRP...TradingKey
Fri, Aug 15
