By Kelly Cloonan

Ingersoll Rand cut its profit outlook for the year, despite logging higher earnings and revenue in its latest quarter.

The industrial machinery and equipment company now forecasts adjusted earnings per share of $3.25 to $3.31 for the year, down from its prior view of $3.34 to $3.46.

The company backed its guidance for revenue to grow 4% to 6% for the year.

For the third quarter, Ingersoll Rand posted a profit of $244.1 million, or 61 cents a share, compared with $221.6 million, or 54 cents a share, a year earlier.

Adjusted earnings per share were 86 cents, in line with analyst estimates, according to analysts polled by FactSet.

Revenue rose 5% to $1.96 billion. Analysts expected $1.95 billion.

The company's industrial technologies and services segment, which makes up the bulk of its topline, grew revenue by 5%, to $1.54 billion. Revenue in its precision and science technologies segment rose 5%, to $415 million.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

October 30, 2025 16:53 ET (20:53 GMT)

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