ITT Inc expected to post earnings of $1.11 a share - Earnings Preview

ITT

02/05/2023 19:36

* ITT Inc  ITT.N   ITT  is expected to show a rise in
quarterly
revenue when it reports  results on May 4. 
    * The Stamford Connecticut-based  company is expected to
report  a
7.1% increase in revenue to $777.803 million from $726.2 million
a year ago, according to the mean estimate from 10 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ITT Inc is for
earnings
of $1.11 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.0%
in the last three months. ​
    * Wall Street's median 12-month price target for ITT Inc is
$100​,
above​ its last closing price of $84.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  1.24        1.24       1.29      Beat    4.1
 Sep. 30 2022  1.17        1.17       1.20      Beat    2.3
 Jun. 30 2022  0.95        0.96       0.98      Beat    1.9​
 Mar. 31 2022  0.97        0.97       0.97      Met     0.2
 ​​Dec.        1.05        1.05       1.06      Beat    0.7
 31 2021                                                
 Sep. 30 2021  0.92        0.93       0.99      Beat    6.9​
 Jun. 30 2021  0.90        0.90       0.94      Beat    4.4
 Mar. 31 2021  0.87        0.87       1.06      Beat    21.9
 This summary was machine generated May 2 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated