ITT Inc expected to post earnings of $1.27 a share - Earnings Preview

ITT

31/10/2023 18:44

* ITT Inc  ITT.N   ITT  is expected to show a rise in
quarterly
revenue when it reports  results on November 2. 
    * The Stamford Connecticut-based  company is expected to
report  a
7.6% increase in revenue to $810.848 million from $753.6 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 $1.27 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ITT Inc is
$115​,
above​ its last closing price of $92.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  1.18        1.18       1.33      Beat    13
 Mar. 31 2023  1.11        1.11       1.17      Beat    5.1
 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.        0.95        0.96       0.98      Beat    1.9
 30 2022                                                
 Mar. 31 2022  0.97        0.97       0.97      Met     0.2​
 Dec. 31 2021  1.05        1.05       1.06      Beat    0.7
 Sep. 30 2021  0.92        0.93       0.99      Beat    6.9
 This summary was machine generated October 31 at 18:43 GMT.  All
figures in US dollars  unless otherwise stated