Ingersoll-Rand’s Profit Doubles

In the quarter ended June 30, Hamilton, Bermuda-based Ingersoll-Rand earned $US286.2 million, or $US1.63 a share, on revenue of $US2.71 billion. In the same period last year, it earned $US139.3 million, or 81 cents a share, on revenue of $US2.43 billion. Ingersoll-Rand earned $US1.43 from continuing operations in the latest quarter. In the six months ended June 30, Ingersoll-Rand earned $US465.7 million, or $US2.64 a share, on revenue of $US5 billion. In the same period last year, it earned $US292.5 million, or $US1.72 a share, on revenue of $US4.55 billion.