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May 8, 2023
ITT Inc. has acquired privately held Micro-Mode Products (Micro-Mode) for approximately USD 80 million, which closed on May 2.
May 7, 2023
ITT (NYSE:ITT – Get Rating) announced its earnings results on Thursday. The conglomerate reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.07, Briefing.com reports. The firm had revenue of $797.90 million for the quarter, compared to the consensus estimate of $777.24 million. ITT had a net margin of […]
May 7, 2023
Shell Asset Management Co. lessened its position in ITT Inc. (NYSE:ITT – Get Rating) by 17.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,896 shares of the conglomerate’s stock after selling 1,020 shares during the quarter. Shell Asset Management Co.’s holdings in […]
May 7, 2023
ITT (NYSE:ITT – Get Rating) issued an update on its FY 2023 earnings guidance on Thursday morning. The company provided earnings per share guidance of $4.65-$4.95 for the period, compared to the consensus earnings per share estimate of $4.83. The company issued revenue guidance of $3.20 billion-$3.26 billion, compared to the consensus revenue estimate of […]
May 7, 2023
ITT (NYSE:ITT – Get Rating) issued an update on its FY23 earnings guidance on Thursday morning. The company provided EPS guidance of $4.65-4.95 for the period, compared to the consensus EPS estimate of $4.85. The company issued revenue guidance of $3.197-3.257 billion, compared to the consensus revenue estimate of $3.22 billion. ITT also updated its […]
May 7, 2023
ITT (NYSE:ITT – Get Rating) issued an update on its FY23 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $4.65-4.95 for the period, compared to the consensus estimate of $4.85. The company issued revenue guidance of $3.197-3.257 billion, compared to the consensus revenue estimate of $3.22 billion. ITT also […]
May 6, 2023
ITT (NYSE:ITT – Get Rating) announced its earnings results on Thursday. The conglomerate reported $1.17 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.07, Briefing.com reports. ITT had a return on equity of 17.63% and a net margin of 12.28%. The company had revenue of $797.90 million during the quarter, […]
May 6, 2023
Fox Run Management L.L.C. trimmed its holdings in shares of ITT Inc. (NYSE:ITT – Get Rating) by 70.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,810 shares of the conglomerate’s stock after selling 6,722 shares during the period. Fox Run Management L.L.C.’s holdings in ITT were […]
May 6, 2023
ITT (NYSE:ITT – Get Rating) had its target price lifted by Robert W. Baird from $100.00 to $101.00 in a report issued on Friday morning, The Fly reports. Several other equities research analysts have also recently weighed in on the stock. StockNews.com cut shares of ITT from a strong-buy rating to a buy rating in […]
May 5, 2023
ITT (NYSE:ITT – Get Rating) issued its quarterly earnings data on Thursday. The conglomerate reported $1.17 EPS for the quarter, beating the consensus estimate of $1.10 by $0.07, Briefing.com reports. The business had revenue of $797.90 million during the quarter, compared to the consensus estimate of $777.24 million. ITT had a net margin of 12.28% […]