Brief: ITT Reports Full Year 2023 Results

ITT

08/02/2024 11:39

Feb 8 (Reuters) - Itt Inc  ITT.N :
    * ITT REPORTS 2023 EARNINGS PER SHARE (EPS) OF $1.12,
ADJUSTED EPS
OF $1.34 IN FOURTH QUARTER 2023; REPORTS EPS OF $4.97, ADJUSTED
EPS OF $5.21 FOR THE FULL YEAR
    * SAYS INITIATES 2024 EPS GUIDANCE UP 13% AT MIDPOINT;
ADJUSTED
EPS UP 9% AT MIDPOINT
    * QTRLY REVENUE $829.1 MILLION VERSUS $774.6 MILLION
    * Q4 REVENUE VIEW $814.4 MILLION -- LSEG IBES DATA
    * SEES 2024 EPS $5.37 TO $5.82
    * SEES 2024 ADJUSTED EPS $5.45 TO $5.90
    * SEES EXPECTS 2024 REVENUE GROWTH OF 9% TO 12%, UP 3% TO 6%
ON AN
ORGANIC BASIS

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