ITT Inc expected to post earnings of $1.46 a share - Earnings Preview

ITT

30/07/2024 19:36

* ITT Inc  ITT.N   ITT  is expected to show a rise in
quarterly
revenue when it reports  results on August 1 for the period
ending June 30 2024
    * The Stamford Connecticut-based  company is expected to
report a
9.9% increase in revenue to $916.554 million from $833.9 million
a year ago, according to the mean estimate from 11 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for ITT Inc is for earnings
of
$1.46 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
$155.00​, above​ its last closing price of $140.85. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.36        1.36       1.42      Beat    4.7
 Dec. 31 2024  1.34        1.34       1.34      Met     0.2
 Sep. 30 2023  1.28        1.27       1.37      Beat    7.5​
 Jun. 30 2023  1.18        1.18       1.33      Beat    13
 ​​Mar.        1.11        1.11       1.17      Beat    5.1
 31 2023                                                
 Jan. 1 0001   1.24        1.24       1.29      Beat    4.1​
 Jan. 1 0001   1.17        1.17       1.20      Beat    2.3
 Jun. 30 2022  0.95        0.96       0.98      Beat    1.9
 This summary was machine generated July 30 at 18:36 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)