Ingersoll-Rand PLC said its second-quarter normalized net income came to 92 cents per share, compared with the S&P Capital IQ consensus estimate of $1.23 per share.
EPS decreased year over year from 94 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $247.3 million, a decline from $257.2 million in the prior-year period.
The normalized profit margin declined to 6.9% from 7.3% in the year-earlier period.
Total revenue climbed on an annual basis to $3.60 billion from $3.54 billion, and total operating expenses grew year over year to $3.15 billion from $3.08 billion.
Reported net income declined 73.0% year over year to $83.5 million, or 31 cents per share, from $309.8 million, or $1.13 per share.
