ITT Corporation (ITT) Tops Q1 EPS by 5c; Raises FY11 EPS Outlook
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ITT Corporation (NYSE: ITT) reported Q1 EPS of $0.98, $0.05 better than the analyst estimate of $0.93. Revenue for the quarter came in at $2.76 billion versus the consensus estimate of $2.65 billion.
Increases FY2011 EPS from $4.62 - $4.82 to $4.70-$4.82, versus the consensus of $4.76. Lowers FY2011 revenue outlook from $11.4 billion to $11.3 billion, versus the consensus of $11.42 billion.
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Increases FY2011 EPS from $4.62 - $4.82 to $4.70-$4.82, versus the consensus of $4.76. Lowers FY2011 revenue outlook from $11.4 billion to $11.3 billion, versus the consensus of $11.42 billion.
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