Although David Cote, the company CEO, eased concerns on management capacity, Honeywell (HON) does seem to have encountered a lot of organizational challenges in a short amount of time.
For 2016, analysts expect Ingersoll Rand (IR) to report revenue of ~$13.5 billion, which would be ~1.5% higher than its revenue of $13.3 billion in 2015.
Ingersoll Rand’s 1Q16 earnings boosted its shares to $67.48 in early trading, but the stock closed at $65.39 on April 26—2.5% lower than the opening price.
The Refrigeration and Food Equipment segment contributed 26.4%, 24.8%, and 24.9% of total Dover Corporation (DOV) sales in 2013, 2014, and 2015, respectively.
The Dover Refrigeration & Food Equipment unit is a major provider of refrigerated display cases and kitchen equipment such as cookers, mixers, braising pans, and packaging and processing solutions for the meat and poultry business.
Ingersoll Rand (IR) has been making air compressors for more than 150 years. The company claims to be technologically advanced and a leader in the field.
