DAVIDSON, N.C. (AP) _ Ingersoll Rand Inc. (IR) on Wednesday reported second-quarter net income of $233.9 million, after reporting a loss in the same period a year earlier.

The Davidson, North Carolina-based company said it had profit of 55 cents per share. Earnings, adjusted for one-time gains and costs, were 46 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share.

The maker of flow control and compression equipment posted revenue of $1.28 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $1.19 billion.

Ingersoll shares have climbed 4% since the beginning of the year, while the S&P's 500 index has risen 17%. In the final minutes of trading on Wednesday, shares hit $47.47, an increase of 51% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IR at https://www.zacks.com/ap/IR

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