ITT Inc (ITT) Tops Q4 EPS by 1c, Offers Guidance
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ITT Reports Fourth-Quarter Earnings Per Share of $1.20, Adjusted EPS of $1.06; Initiates 2022 Guidance
February 9, 2022 5:45 PM ESTQ4 orders up 9% (10% organic) driven by strong demand across Industrial Process and Connect & Control Q4 segment operating margin of 17.9%, up 100 bps; adjusted segment operating margin of 18.2%, up 130 bps driven by strong pricing and productivity Initiates 2022 EPS guidance of $4.22 to $4.66, up 16% to 28%; adjusted EPS guidance of $4.30 to $4.70, up 11% at the midpoint 2022 revenue growth of 7% to 9%, up 9% to 11% on an organic basis Announces 20% increase in quarterly dividend to $0.264 per share
WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- February 9, 2022--ITT Inc. (NYSE: ITT) today reported... More
