ITT Reports Second-Quarter 2020 Results

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Go back to ITT Reports Second-Quarter 2020 Results

ITT Inc (ITT) Tops Q2 EPS by 19c, Revenues Miss

July 31, 2020 6:54 AM EDT

ITT Inc (NYSE: ITT) reported Q2 EPS of $0.57, $0.19 better than the analyst estimate of $0.38. Revenue for the quarter came in at $514.7 million versus the consensus estimate of $516.61 million.

FCF increased $114 million or 205%; 14.6% Trailing Twelve Months FCF Margin$819 million in cash on hand and $1.4 billion in available liquiditySegment OI Margin of 7.2%; Adj Segment OI Margin of 12.6% on 25% Adj Decremental... More