The firm reported net earnings (EPS) of $US313.5 million, or a diluted earning per share of 95 cents. This includes $US322 million, or an EPS of 97 cents, from continuing operations, as well as $US8.5 million of costs, or EPS of 2(cents), from discontinued operations, which represents retained costs of divested businesses. Reported second-quarter EPS increased by 14 percent.  Ingersoll Rand realized a net earning of $US285.4 million during second quarter 2005, or an EPS of 83 cents. This includes 85 cents from continued operations and $US6.4 million in costs, or (2 cents) for discontinued operations.  “We continue to demonstrate strong growth and operational improvement across our global businesses,” says Herbert L. Henkel, chairman, president and CEO of Ingersoll Rand.  “This progress is the direct result of a successful portfolio transformation, as well as an ongoing transformation of our operating culture.”  The company’s revenues increased by 10 percent to $US3,041.9 million compared with revenues of $US2,759.5 million for the 2005 second quarter. Second quarter revenues increased in all business segments and geographical markets compared with 2005.