ITT Inc expected to post earnings of $1.34 a share - Earnings Preview
06/02/2024 14:07
* ITT Inc ITT.N ITT is expected to show a rise in
quarterly
revenue when it reports results on February 8 for the period
ending December 31 2023
* The Stamford Connecticut-based company is expected to
report a
5.1% increase in revenue to $814.392 million from $774.6 million
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data. (Revenue majority is on Total Revenue basis)
* LSEG's mean analyst estimate for ITT Inc is for earnings
of
$1.34 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"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
$131.00, above its last closing price of $125.19.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 1.28 1.27 1.37 Beat 7.5
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. 1.17 1.17 1.20 Beat 2.3
30 2022
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. 31 2021 1.05 1.05 1.06 Beat 0.7
This summary was machine generated February 6 at 14:07 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)