The company reported a profit of
A higher effective tax rate, up 6.4 percent from the same quarter of 2013, also clouded the company's earnings.
Ingersoll expects a better 2014, as it adjusted its outlook to reflect an anticipated 4 percent increase in revenue. The company now expects adjusted per-share earnings for 2014 between
"We feel good about our positioning and our focus to deliver on our commitments to our customers and our shareholders," said CEO
The global industrial company, which makes products such as
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