On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 1360 AM Northeast, WI 97.5 FM Green Bay, WI

Weather

Current Conditions(Green Bay,WI 54303)

More Weather »
75° Feels Like: 75°
Wind: NW 10 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Scattered Thunderstorms 75°

Tonight

Thunderstorms Early 55°

Tomorrow

Mostly Sunny 75°

Alerts

Ingersoll-Rand results beat estimates as U.S. housing recovers

(Reuters) - Ingersoll-Rand Plc , the maker of Trane air conditioners and Thermo King refrigeration units, reported better-than-expected quarterly results, helped by a rebound in the U.S. housing market.

Third-quarter net income fell 48 percent to $165.9 million, or 56 cents per share, from $321.6 million, or $1.03 per share, a year earlier. Revenue rose 4.3 percent to $3.75 billion.

Excluding items, the company earned $1.16 per share from continuing operations. Analysts on average had expected earnings of $1.10 per share on revenue of $3.73 billion, according to Thomson Reuters I/B/E/S.

(Reporting by Siddharth Cavale and Rohit T. K. in Bangalore; Editing by Ted Kerr)

Comments