ITT Reports Fourth-Quarter Earnings Per Share of $1.20, Adjusted EPS of $1.06; Initiates 2022 Guidance
February 9, 2022-- ITT Inc. today reported financial results for the fourth quarter and full year ended December 31, 2021. Earnings per share for the fourth quarter of $1.20 increased from a net loss per share of$ in the prior year. The net loss in 2020 was primarily driven by a pre-tax non-cash settlement charge of $137 million related to the termination of ITT’ s U.S....
Source: insurancenewsnet.com