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More on ITT's Q4

Feb. 14, 2017 8:24 AM ETITT Inc. (ITT) StockITTBy: Yoel Minkoff, SA News Editor
  • Adjusted income from continuing operations of $42.9M, or $0.48 per share vs. $52.5M, or $0.58 per share in the same quarter a year ago.
  • Revenue by segment: Industrial Process -29%; Motion Technologies +8%; Interconnect Solutions -6%; Control Technologies -2%.
  • 2017 Guidance: Adjusted EPS of $2.18-$2.48; Total revenue in the range of down 2% to up 2%. The company also plans to increase its quarterly dividend by 3% to $0.128 per share and is targeting up to $65M of share repurchases.
  • ITT +0.5% premarket
  • Q4 results

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