ITT Inc.

Equities

ITT

US45073V1089

Industrial Machinery & Equipment

Market Closed - Nyse Other stock markets 16:00:02 2024-09-13 EDT			5-day change	1st Jan Change
135.35 ^USD	+1.39%		+3.45%	+13.43%

09-12	ITT Completes Acquisition of kSARIA Parent	MT
09-05	ITT Inc. Promotes Bartek Makowiecki to Senior Vice President, Chief Strategy Officer and President, Industrial Process	CI

ITT Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 29, 2024

August 01, 2024 at 06:31 am

ITT Inc. reported earnings results for the second quarter and six months ended June 29, 2024. For the second quarter, the company reported sales was USD 905.9 million compared to USD 833.9 million a year ago. Sales was USD 905.9 million compared to USD 833.9 million a year ago. Net income was USD 119.2 million compared to USD 108.2 million a year ago. Net income was USD 119.2 million compared to USD 108.2 million a year ago. Basic earnings per share from continuing operations was USD 1.45 compared to USD 1.31 a year ago. Basic earnings per share from continuing operations was USD 1.45 compared to USD 1.31 a year ago. Diluted earnings per share from continuing operations was USD 1.45 compared to USD 1.31 a year ago. Diluted earnings per share from continuing operations was USD 1.45 compared to USD 1.31 a year ago.
For the six months, sales was USD 1,816.5 million compared to USD 1,631.8 million a year ago. Sales was USD 1,816.5 million compared to USD 1,631.8 million a year ago. Net income was USD 230.2 million compared to USD 208.2 million a year ago. Net income was USD 230.2 million compared to USD 208.2 million a year ago. Basic earnings per share from continuing operations was USD 2.8 compared to USD 2.52 a year ago. Basic earnings per share from continuing operations was USD 2.8 compared to USD 2.52 a year ago. Diluted earnings per share from continuing operations was USD 2.79 compared to USD 2.51 a year ago. Diluted earnings per share from continuing operations was USD 2.79 compared to USD 2.51 a year ago.

Latest news about ITT Inc.

ITT Completes Acquisition of kSARIA Parent	09-12	MT
ITT Inc. Promotes Bartek Makowiecki to Senior Vice President, Chief Strategy Officer and President, Industrial Process	09-05	CI
Tranche Update on ITT Inc.'s Equity Buyback Plan announced on October 4, 2023.	08-01	CI
Tranche Update on ITT Inc.'s Equity Buyback Plan announced on November 1, 2019.	08-01	CI
ITT to Acquire kSARIA From Behrman Capital for $475 Million	08-01	MT
ITT Fiscal Q2 Adjusted Earnings, Revenue Rise; 2024 Earnings, Revenue Guidance Reaffirmed	08-01	MT
Transcript : ITT Inc., Q2 2024 Earnings Call, Aug 01, 2024	08-01
Earnings Flash (ITT) ITT Reports Q2 Revenue $905.9M, vs. Street Est of $916.4M	08-01	MT
Earnings Flash (ITT) ITT Posts Q2 EPS $1.49, vs. Street Est of $1.46	08-01	MT
ITT Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 29, 2024	08-01	CI
ITT Inc. Declares Dividend for the Third Quarter of 2024, Payable on September 30, 2024	08-01	CI
ITT Inc. Provides Earnings Guidance for the Full Year 2024	08-01	CI
Center Rock Capital Partners, LP acquired Wolverine Advanced Materials, LLC from ITT Inc. for approximately $170 million.	07-31	CI
Stifel Adjusts Price Target on ITT to $157 From $150, Maintains Buy Rating	07-18	MT
ITT's Svanehoj Subsidiary Sells Deepwell Ammonia Fuel Pumps to Maritime Firm	07-11	MT
ITT Inc.'s Equity Buyback announced on November 1, 2019 has closed with 5,814,843 shares, representing 6.86% for $500 million.	06-28	CI
Transcript : ITT Inc. Presents at Wolfe Research 17th Annual Global Transportation & Industrials Conference, May-22-2024 08:35 AM	05-22
Baptista Research Starts ITT With Hold Rating, $148.50 Price Target	05-22	MT
Declaration of Voting Results by ITT Inc	05-16	CI
ITT Inc. Appoints Chris O'shea as Non-Executive Director	05-15	CI
UBS Adjusts Price Target on ITT to $158 From $135, Maintains Buy Rating	05-08	MT
Transcript : ITT Inc. Presents at Oppenheimer?s 19th Annual Virtual Industrial Growth Conference, May-07-2024 11:15 AM	05-07
Tranche Update on ITT Inc.'s Equity Buyback Plan announced on November 1, 2019.	05-02	CI
Tranche Update on ITT Inc.'s Equity Buyback Plan announced on October 4, 2023.	05-02	CI
ITT's Fiscal Q1 Adjusted Earnings, Revenue Gain; Lifts Lower End of Fiscal 2024 Adjusted Profit Guidance	05-02	MT

Chart ITT Inc.

Duration

Period

More charts

Company Profile

ITT Inc. is a diversified manufacturer of engineered critical components and customized technology solutions for the transportation, industrial and energy markets. Its segments include Motion Technologies (MT), Industrial Process (IP), and Connect & Control Technologies (CCT). The MT segment is focused on the friction braking business, which is a supplier of brake pads for internal combustion engine, hybrid and electric vehicles worldwide. The IP segment manufactures engineered fluid process equipment serving a diversified mix of customers in global industries such as chemical, energy, mining, and other industrial process markets and is a provider of plant optimization and efficiency solutions and aftermarket services and parts. The CCT segment manufactures connector solutions, critical energy absorption, flow control components, and composite materials for the aerospace and defense, general industrial, medical, and energy markets.

Employees

10,600

Sector

Industrial Machinery & Equipment

Calendar

2024-09-19 - D. A. Davidson Diversified Industrials & Services Conference

More about the company