ITT Corp. (ITT) Tops Q4 EPS by 3c; Issues Light FY16 EPS Outlook

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ITT Reports 2015 Fourth-Quarter and Full-Year Results, 2016 Guidance

February 12, 2016 6:45 AM EST

Focus on strong execution and strategic advancement continues in 2016

2015 Full-Year GAAP Results:

Revenue down 6% to $2.5 billion Operating income up 43% EPS increased to $3.44

2015 Full-Year Adjusted Results:

Organic revenue down 1% Operating income flat, up 9% excluding foreign exchange EPS up 3% to $2.55, up 13% excluding foreign exchange

2016 Guidance

Total revenue flat to down 4%, GAAP EPS in range of $1.72 to... More

ITT Raises Dividend by 5 Percent to 12.4 Cents Per Share

February 12, 2016 6:45 AM EST

WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- ITT Corporation (NYSE: ITT) announced today that it is increasing its dividend by 5 percent to 12.4 cents per share on the companys outstanding stock. The ITT Board of Directors has approved the cash dividend for the... More