ITT Inc (ITT) Tops Q4 EPS by 5c; Guides

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Go back to ITT Inc (ITT) Tops Q4 EPS by 5c; Guides

ITT Reports 2022 Fourth Quarter Earnings Per Share (EPS) of $1.39, Adjusted EPS of $1.29

February 9, 2023 6:30 AM EST

13% revenue growth (17% organic) driven by pricing recovery and higher volume 8% orders growth (12% organic) driven by connectors, aerospace and defense components, and pump projects 16% EPS growth (22% adjusted) driven by price recovery, productivity and Habonim contribution Initiates 2023 EPS guidance up 4% at the midpoint (adjusted EPS up 7% at the midpoint) Announces 10% increase in quarterly dividend to $0.29 per share

STAMFORD, Conn.--(BUSINESS WIRE)-- February 9, 2023-- ITT Inc. (NYSE:... More