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Operator: Welcome to the ITT's 2023 First Quarter Conference Call. Today is Thursday, May 4, 2023. Today's call is being recorded and will be available for a replay beginning at 12 p.m.
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 […]
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 […]
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 […]
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 […]