ITT Inc (ITT) Tops Q2 EPS by 1c; Offers FY22 EPS Guidance

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Go back to ITT Inc (ITT) Tops Q2 EPS by 1c; Offers FY22 EPS Guidance

ITT Reports 2022 Second Quarter Earnings Per Share (EPS) of $0.91, Adjusted EPS of $0.98

August 4, 2022 6:30 AM EDT

Revenue growth of 6% (10% organic) driven by strong demand in Connect & Control Technologies (CCT) and Industrial Process (IP), and pricing actions across all businesses Orders up 10% (13% organic) on strong pump, connectors and aerospace components demand Deployed ~$275 million, including over $60 million for share repurchases, $172 million to M&A and ITT Ventures investments Raising organic sales guidance and tightening full year EPS guidance ranges

STAMFORD, Conn.--(BUSINESS WIRE)-- August 4, 2022--ITT Inc. (NYSE:... More