Feb 11 Ingersoll-Rand Plc, the maker of
Trane air conditioners and Thermo King mobile refrigeration
units, reported a higher quarterly revenue as demand increased
for its heating and cooling systems and mobile refrigeration
The company's net income from continuing operations
attributable to common shareholders more than halved to $77.7
million, or 26 cents per share, in the fourth quarter ended Dec.
31 from $162.1 million, or 53 cents per share, a year earlier.
Excluding items, Ingersoll-Rand earned 61 cents per share
from continuing operations.
Revenue rose 6 percent to $3.10 billion.
Analysts on average had expected earnings of 61 cents per
share on revenue of $3.03 billion, according to Thomson Reuters