ITT Q4 Earnings In Line With Estimates, Revenues Increase Y/Y [Yahoo! Finance]
ITT Inc. (ITT)
Last itt inc. earnings: 5/1 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
itt.com/investors
Company Research
Source: Yahoo! Finance
ITT Inc. 's ITT fourth-quarter 2023 adjusted earnings (excluding 3 cents from non-recurring items) of $1.34 per share matched the Zacks Consensus Estimate. The bottom line jumped 3.9% year over year, owing to an increase in sales across each of the segments. Total revenues of $829.1 million beat the consensus estimate of $812 million. The top line increased 7% year over year, owing to higher Friction original equipment volumes in the Motion Technologies segment, pricing actions in the Connect & Control Technologies segment and Industrial Process segment. The acquisition of Micro-Mode contributed 1% to the top line. Organic sales rose 4.5% year over year. Foreign currency translation had a 2% favorable impact on sales. Segmental Results Revenues from the Industrial Process segment totaled $289.7 million, up 3.2% year over year. Our estimate for Industrial Process' revenues was $294.0 million. Growth in aftermarket parts and services, pricing actions and favorable foreign curre
Show less
Read more
Impact Snapshot
Event Time:
ITT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ITT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ITT alerts
High impacting ITT Inc. news events
Weekly update
A roundup of the hottest topics
ITT
News
- The Compensation For ITT Inc.'s (NYSE:ITT) CEO Looks Deserved And Here's Why [Yahoo! Finance]Yahoo! Finance
- ITT Continues Strong Performance Post-Pandemic, Now Adding Acquired Growth [Seeking Alpha]Seeking Alpha
- ITT Inc. (NYSE: ITT) had its price target raised by analysts at UBS Group AG from $135.00 to $158.00. They now have a "buy" rating on the stock.MarketBeat
- ITT Announces Participation at 17th Annual Wolfe Research Global Transportation & Industrials Conference on May 22Business Wire
- ITT Inc. (NYSE:ITT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
ITT
Earnings
- 5/2/24 - Beat
ITT
Sec Filings
- 5/2/24 - Form IRANNOTICE
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- ITT's page on the SEC website