ITT Corp. (ITT) Tops Q2 EPS by 10c, Trims FY EPS Guidance

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ITT Reports Solid 2015 Second-Quarter Results

July 31, 2015 7:00 AM EDT

Delivers results in challenging environment, updates 2015 EPS and revenue guidance

GAAP Results:

Total revenue down 5% to $628 million Segment operating margins expanded 90 bps to 14.3% EPS increased to $1.56

Adjusted Results:

Organic revenue up 1% Segment operating margins expanded 110 bps to record 15.2% EPS increased 15% to $0.69; excluding foreign exchange, EPS up 25%

WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- ITT Corporation (NYSE:... More