ITT Corp. (ITT) Posts Q1 EPS of $0.42, Reaffirms Outlook

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ITT Reports 2016 First-Quarter Results

May 5, 2016 6:45 AM EDT

Re-affirms 2016 full-year revenue and adjusted EPS guidance

GAAP Results:

Revenue up 3.5% to $609 million Segment operating income down 10% EPS flat at $0.42

Adjusted Results:

Organic revenue down 2.5% Segment operating income down 10%, flat excluding $8 million foreign exchange impact EPS down 9%, up 5% excluding ($0.09) foreign exchange impact

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