ITT Inc (ITT) Tops Q3 EPS by 6c
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ITT Reports Strong Third-Quarter Results, Raises 2021 Outlook
November 3, 2021 6:08 PM EDTRevenue up 17%, organic revenue up 16% driven by demand across all segments Segment operating margin of 16.1%, up 190 bps Adjusted segment operating margin of 16.8%, up 60 bps Earnings Per Share (EPS) of $1.00, up 282%; adjusted EPS of $0.99 up 21%; exceeding 2019 Raising 2021 EPS guidance to reflect strong year to date performance
WHITE PLAINS, N.Y.--(BUSINESS WIRE)-- November 3, 2021 ITT Inc. (NYSE: ITT) today reported financial results for the third quarter ended October 2, 2021. The company delivered a year-over-year revenue increase of 17% driven by growth in Motion Technologies Friction aftermarket business,... More
