ITT Q4 Earnings In Line With Estimates, Revenues Increase Y/Y
DHRDanaher(DHR) Zacks Investment Research·2024-02-10 01:06

ITT Inc.’s (ITT) fourth-quarter 2023 adjusted earnings (excluding 3 cents from non-recurring items) of 1.34persharematchedtheZacksConsensusEstimate.Thebottomlinejumped3.91.34 per share matched the Zacks Consensus Estimate. The bottom line jumped 3.9% year over year, owing to an increase in sales across each of the segments. Total revenues of 829.1 million beat the consensus estimate of $812 million. The top line increased 7% year over year, owing to higher Friction original equipment volumes in the Motion Technologies segment, pricing actions in the Connect & Control Tec ...