ITT Corp. (ITT) Tops Q4 EPS by 6c, Guides FY17

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ITT Reports 2016 Fourth-Quarter and Full-Year Results, 2017 Guidance

February 14, 2017 6:45 AM EST

2016 Full-Year Results:

Revenue down 3% to $2.4 billion, Organic revenue down 7% Segment operating income down 16%; Adjusted segment operating income down 12% EPS down to $2.02, Adjusted EPS down 9% to $2.32

2017 Guidance

Total revenue down 2% to up 2% GAAP EPS in range of $1.45 to $1.75; Adjusted EPS in range of $2.18 to $2.48, flat at midpoint

Quarterly Dividend Raised to $0.128 per share

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