ITT News

Unfortunately for some shareholders, the ITT (NYSE:ITT) share price has dived 47% in the last thirty days. Indeed the...

The Board of Directors of ITT Inc. (NYSE: ITT) has declared a second-quarter cash dividend of 16.9 cents per share on the company’s outstanding stock. The cash dividend will be payable on July 6, 2020 to shareholders of record as of the close of business on June 15, 2020.

Matrix Composites, an ITT Inc. (NYSE: ITT) company, announced that its trademarked closed molding process, Hot Isostatic Resin Pressure Molding (HiRPM®), is qualified on Lockheed Martin’s F-35 lighting program. In addition, HiRPM® is now the established manufacturing process for all future F-35 aircraft and is used on select parts within the aircraft’s horizontal tail assembly. Airframe components produced with this innovative process flew for the first time in 2019.

ITT Inc. (NYSE: ITT) will release its first-quarter 2020 financial results on the investor relations section of its website at 6:45 a.m. Eastern Time, on Friday, May 1, 2020. At 9 a.m. Eastern Time, senior management will review the first-quarter financial and operating results and answer questions during an investor briefing.

How far off is ITT Inc. (NYSE:ITT) from its intrinsic value? Using the most recent financial data, we'll take a look...

ITT earnings call for the period ending March 31, 2020.

(NYSE:ITT) The Board of Directors of ITT Inc. (the "Company") today announces that its 2020 Annual Meeting of Shareholders ("Annual Meeting") will be held via virtual-only format due to the ongoing public health impact of the COVID-19 (novel coronavirus) pandemic, and to protect the health, safety and well-being of shareholders, employees and other stakeholders. The previously announced Annual Meeting date and time, Friday, May 15, 2020, at 9:00 a.m., Eastern Time, has not changed.

Shares of ITT (NYSE:ITT) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 12.09% year over year to $0.80, which beat the estimate of $0.74.Revenue of $663,300,000 less by 4.63% from the same period last year, which beat the estimate of $627,070,000.Guidance ITT hasn't issued any earnings guidance for the time being.ITT hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 01, 2020View more earnings on ITTWebcast URL: http://www.itt.com/investors/eventsRecent Stock Performance 52-week high: $75.56Company's 52-week low was at $35.41Price action over last quarter: down 20.67%Company Description ITT is a diversified industrial conglomerate with nearly $3 billion in sales. After the spin-offs of Xylem and Exelis in 2011, the company's products primarily include brake pads, shock absorbers, pumps, valves, connectors, and switches. Its customers include original-equipment and Tier 1 manufacturers as well as aftermarket customers. ITT uses a network of approximately 700 independent distributors, which accounts for about one third of overall revenue. Nearly three fourths of the company's sales are made in North America and Europe. ITT's primary end markets include automotive, rail, oil and gas, aerospace and defense, chemical, mining, and general industrial.See more from Benzinga * Huntsman: Q1 Earnings Insights * Recap: Timken Q1 Earnings * WillScot: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

ITT's first-quarter 2020 revenues decrease 4.6% year over year on account of lackluster performance across most of the segments.

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Q1 2020 ITT Inc Earnings Call

ITT (ITT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

As previously announced, ITT Inc. (NYSE: ITT) will release its first-quarter 2020 financial results on the investor relations section of its website at 6:45 a.m. Eastern Time, on Friday, May 1, 2020. The investor briefing call to follow, originally scheduled for 9 a.m. Eastern Time, will be moved to 9:30 a.m. Eastern Time to better accommodate investors’ schedules that may be impacted by conflicts with other company briefings. During the session, ITT senior management will review the first-quarter financial and operating results, and answer questions.

ITT Inc. (NYSE: ITT) today reported 2020 first-quarter financial results that reflect our resilience in this challenging global economic environment.

ITT (ITT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Q1 2019 ITT Inc Earnings Call

Q2 2019 ITT Inc Earnings Call

If you own shares in ITT Inc. (NYSE:ITT) then it's worth thinking about how it contributes to the volatility of your...

ITT Inc.’s (NYSE: ITT) Engineered Valves brand is proud to introduce the Integrated Sensing Platform (ISP), a cutting edge valve sensing platform developed to reliably monitor valve position. With advanced capabilities in calibrating, operating, and communicating with diaphragm valves, the ISP provides customers reduced piping footprint, shortened set up time and simplified operation.

ITT (ITT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.