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ITT Inc (ITT.N)

ITT.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

ITT Inc Q2 GAAP earnings per share $0.54
Friday, 4 Aug 2017 06:45am EDT 

Aug 4 (Reuters) - ITT Inc :ITT reports solid 2017 second-quarter results.Q2 adjusted earnings per share $0.65.Q2 GAAP earnings per share $0.54.Q2 earnings per share view $0.63 -- Thomson Reuters I/B/E/S.Raising its previously announced 2017 full-year revenue guidance to range of flat to up 2 percent​.ITT Inc says ‍is raising midpoint of its previously announced adjusted EPS guidance by $0.07 to $2.45​.New adjusted EPS range 2017 is now $2.40 to $2.50.FY2017 earnings per share view $2.43, revenue view $2.48 billion -- Thomson Reuters I/B/E/S.Qtrly ‍revenue $630.9 million versus $626.2​ million.Q2 revenue view $627.8 million -- Thomson Reuters I/B/E/S.  Full Article

ITT declares Q2 dividend of 12.8 cents per share
Wednesday, 10 May 2017 07:15pm EDT 

May 10 (Reuters) - ITT Inc :Declares second-quarter dividend of 12.8 cents per share.  Full Article

ITT reports Q1 earnings per share $0.52
Monday, 8 May 2017 06:45am EDT 

May 8 (Reuters) - ITT Inc -:ITT reports solid 2017 first-quarter results.Q1 adjusted earnings per share $0.64 excluding items.Q1 gaap earnings per share $0.52.Q1 earnings per share view $0.60 -- Thomson Reuters I/B/E/S.ITT Inc - company is maintaining its previously announced 2017 full-year revenue guidance in range of down 2 percent to up 2 percent.ITT Inc qtrly gaap revenue up 3% to $626 million.ITT Inc qtrly organic revenue up 2%.ITT Inc - is raising midpoint of its previous gaap and adjusted eps guidance by $0.05 for 2017.FY2017 earnings per share view $2.38, revenue view $2.45 billion -- Thomson Reuters I/B/E/S.Q1 revenue view $606.7 million -- Thomson Reuters I/B/E/S.  Full Article

ITT Q4 GAAP earnings per share $0.27
Tuesday, 14 Feb 2017 06:45am EST 

ITT Inc : ITT reports 2016 fourth-quarter and full-year results, 2017 guidance . Q4 gaap earnings per share $0.27 . Q4 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . Sees fy 2017 adjusted earnings per share $2.18 to $2.48 . Sees fy 2017 gaap earnings per share $1.45 to $1.75 . Q4 revenue $588 million versus i/b/e/s view $550.7 million . Itt inc - quarterly dividend raised to $0.128 per share . Itt inc - sees 2017 total revenue down 2% to up 2% . Fy2017 earnings per share view $2.47, revenue view $2.42 billion -- Thomson Reuters I/B/E/S . Itt inc - "as we look ahead to 2017, we are mindful that we will continue to face a challenging environment" . Itt inc says plans to continue to return capital to shareowners through increasing its quarterly dividend by 3 percent to $0.128 per share . Itt inc - on an adjusted basis, qtrly organic revenue declined 10 percent . Itt inc - targeting up to $65 million of share repurchases in 2017, based on various factors . Fy2017 earnings per share view $2.47, revenue view $2.42 billion -- Thomson Reuters I/B/E/S .Itt inc - qtrly adjusted earnings per share $0.48.  Full Article

ITT units entered first amendment to five-year competitive advance and revolving credit facility agreement
Wednesday, 30 Nov 2016 06:02am EST 

Itt Inc : On Nov 29, Co, units entered first amendment, dated November 29, 2016 to five-year competitive advance and revolving credit facility agreement .Lenders agreed to modify terms in respect of 2014 credit agreement to extend maturity date from November 25, 2019 to November 25, 2021 - SEC filing.  Full Article

ITT Inc Q2 earnings per share $0.36
Thursday, 4 Aug 2016 06:45am EDT 

ITT Inc : Q2 adjusted earnings per share $0.67 . Q2 GAAP earnings per share $0.36 . Q2 earnings per share view $0.60 -- Thomson Reuters I/B/E/S . Qtrly revenue flat at $626 million . Lowering its previously announced full-year 2016 GAAP and organic revenue guidance . Qtrly organic revenue down 6 percent . Sees FY 2016 revenue down 3 percent to down 5 percent . Announces up to $50 million of incremental share repurchases . Adjusts 2016 full-year guidance . Sees FY GAAP revenue is now expected to be down 3 percent to down 5 percent . Sees FY organic revenue is expected to be down 7 percent to down 9 percent . Sees GAAP EPS guidance range to be $1.40 to $1.62 in 2016 . Q2 revenue view $619.8 million -- Thomson Reuters I/B/E/S .FY2016 earnings per share view $2.45, revenue view $2.47 billion -- Thomson Reuters I/B/E/S.  Full Article

ITT to reduce cost structure of business in response to "weak oil and gas prices"
Friday, 24 Jun 2016 05:02pm EDT 

ITT Inc : Finalized several restructuring actions in company's industrial process business . To reduce overall cost structure of business in response to persistently "weak oil and gas prices" . Expects to incur pre-tax cash costs, principally involuntary severance costs for approximately 270 employees . Expects to incur pre-tax cash costs of approximately $12 million to $13 million relating to restructuring actions . Expects to substantially complete restructuring actions during next 6 months . Benefits from actions expected to yield annual pre-tax cash savings to company of approximately $19 million - sec filing .Benefit and cost estimates were included within company's annual earnings estimates.  Full Article

ITT Corp reaffirms FY 2016 guidance
Thursday, 5 May 2016 06:45am EDT 

ITT Corp:Reaffirms its previously announced Fy 2016 revenue and adjusted EPS guidance.Expects FY 2016 total revenue to be flat to down 4 percent.Expects FY 2016 adjusted EPS to be in the range of $2.42 to $2.68 per share, which is flat at the midpoint and up 2 percent excluding the impact of foreign exchange compared to 2015.  Full Article

ITT Corp raises dividend by 5 pct to 12.4 cents per share
Friday, 12 Feb 2016 06:45am EST 

ITT Corp:Raises dividend by 5 percent to 12.4 cents per share.Dividend for Q1 will be payable on April 1, 2016, to shareholders of record as of the close of business on March 11, 2016.  Full Article

ITT Corp gives FY 2016 guidance
Friday, 12 Feb 2016 06:45am EST 

ITT Corp:Expects FY 2016 total revenue flat to down 4 percent, and GAAP EPS to be in the range of $1.72 to $2.11.Expects FY 2016 adjusted EPS to be in the range of $2.42 to $2.68 per share, which is flat at the midpoint and up 2 percent excluding impact of foreign exchange compared to 2015.  Full Article

BRIEF-ITT Inc Q2 GAAP earnings per share $0.54

* Q2 earnings per share view $0.63 -- Thomson Reuters I/B/E/S