ITT Corp. (ITT) Tops Q2 EPS by 7c; Trims FY16 EPS Outlook

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Go back to ITT Corp. (ITT) Tops Q2 EPS by 7c; Trims FY16 EPS Outlook

ITT Reports 2016 Second-Quarter Results

August 4, 2016 6:45 AM EDT

Announces up to $50 million of incremental share repurchases

Results Highlights:

Revenue flat at $626 million, Organic revenue down 6% Segment operating income down 20%, Adjusted segment operating income down 4% EPS of $0.36, Adjusted EPS of $0.67 Adjusts 2016 full-year guidance

WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- ITT Inc. (NYSE: ITT) today reported 2016 second-quarter financial results that reflect the benefits of a diversified portfolio and effective capital... More