Ingersoll-Rand (IR +1.8%) gains despite a mixed Q4 report, beating on EPS but missing on...

|About: Ingersoll-Rand plc (IR)|By:, SA News Editor

Ingersoll-Rand (IR +1.8%) gains despite a mixed Q4 report, beating on EPS but missing on revenue. Earnings rose 14% Y/Y largely due to a tax benefit and stronger margins, but sales declined overall at most of its main businesses. The company also projects FY12 to be below Street expectations, now seeing $2.90 - $3.10 per share on revenue of around $14B, below EPS estimates of $3.12 on $14.6B in revenue.