For the best experience use Mini app app on your smartphone
Ingersoll Rand (IR) shares fell 3.5% in premarket trading after the company issued a weaker-than-expected earnings outlook. It now sees FY EPS at $3.25 - $3.31 vs $3.36 consensus, down from its prior $3.34 - $3.46 range. Q3 revenue beat at $1.96 bn vs $1.90 bn estimate, but shrinking margins in its industrial tech segment weighed on sentiment.
short by / 04:11 pm on 31 Oct
For the best experience use inshorts app on your smartphone