Brief: Itt Reports 2022 Third Quarter Profit Of $1.23, Adjusted EPS Of $1.20

ITT

03/11/2022 10:41

Nov 3 (Reuters) - Itt Inc  ITT.N :
    * ITT REPORTS 2022 THIRD QUARTER EARNINGS PER SHARE (EPS) OF
$1.23, ADJUSTED EPS OF $1.20
    * Q3 ADJUSTED EARNINGS PER SHARE $1.20
    * Q3 EARNINGS PER SHARE $1.23
    * QTRLY REVENUE $753.6 MILLION VERSUS $689.6 MILLION
    * SEES FY 2022 REVENUE GROWTH OF 8%, AND 12% ON AN ORGANIC
BASIS
    * CO ESTIMATES CONTINUED REDUCTION IN SALES IN RUSSIA
STEMMING
FROM WAR IN UKRAINE WILL IMPACT REVENUE BY ABOUT $85 MILLION FOR
FY 2022
    * SEES 2022 EPS OF $4.20 TO $4.30
    * SEES 2022 ADJUSTED EPS OF $4.35 TO $4.45
    * Q3 EARNINGS PER SHARE VIEW $1.17, REVENUE VIEW $750.3
MILLION --
REFINITIV IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW $4.43, REVENUE VIEW $2.98
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw1DW9nLa 
Further company coverage:  ITT.N 
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