ITT Inc (ITT) Reports In-Line Q1 EPS

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Go back to ITT Inc (ITT) Reports In-Line Q1 EPS

ITT Reports First-Quarter Earnings Per Share of $0.88, Adjusted EPS of $0.97

May 3, 2022 6:30 AM EDT

Revenue up 4% (7% organic) driven primarily by Connect & Control Technologies (CCT) Orders up 11% (14% organic) driven by strong demand in Industrial Process (IP) and CCT Deployed over $235 million of capital, including $186 million of share repurchases Announced $140 million acquisition of Habonim, a specialty valves manufacturer, in Q2 Maintaining full year 2022 revenue, segment margin and adjusted EPS guidance

WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- May 3, 2022-- ITT Inc. (NYSE:... More