ITT Reports 2024 First Quarter Earnings Per Share (EPS) of $1.34, Adjusted EPS of $1.42 [Yahoo! Finance]
ITT Inc. (ITT)
Last itt inc. earnings: 5/1 06:45 am
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Source: Yahoo! Finance
14% revenue growth (9% organic), surpassing $900 million in revenue for the quarter, driven by higher volume in all businesses 80 basis points operating margin expansion to 16.4%; 120 basis points adjusted operating margin expansion to 17.0% 12% EPS growth (21% adjusted) driven by higher sales volume and productivity Raising 2024 full year guidance STAMFORD, Conn., May 02, 2024 BUSINESS WIRE )--May 2, 2024-- ITT Inc. (NYSE: ITT) today reported financial results for the first quarter ended March 30, 2024. Revenue increased 14% (9% organic), primarily driven by pump projects in Industrial Process (IP), Friction original equipment (OE) outperformance in Motion Technologies (MT) and demand strength across Connect & Control Technologies (CCT). The acquisitions of Svanehøj and Micro-Mode contributed 5% to total revenue growth. Foreign currency translation was a 1% headwind. First quarter operating income of $149 million increased 20% versus prior year (23% adjusted) due to higher
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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
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- ITT's page on the SEC website