ITT Q4 Adjusted Earnings, Revenue Rise; Fiscal Q1 Outlook Set
MT Newswires Live
Feb 05
ITT (ITT) reported Q4 adjusted earnings Thursday of $1.85 per share, up from $1.50 a year earlier.
Analysts polled by FactSet expected $1.78.
Revenue for the quarter ended Dec. 31 was $1.05 billion, compared with $929 million a year earlier.
Analysts surveyed by FactSet expected $1.01 billion.
For Q1, the company said it expects adjusted EPS of $1.68 to $1.72 on revenue growth of nearly 11%.
Analysts polled by FactSet expect $1.61 on revenue of $983.9 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.