secwatch.observer — SEC 8-K summary
======================================

Issuer:     ITT INC. (ITT)
CIK:        0000216228
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0000216228-24-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ITT Q1 EPS $1.34 ($1.42 adj); revenue $910.6M +14%; raises FY guidance
----------------------------------------------------------------------

- Revenue $910.6M, up 14% (9.5% organic); orders growth 13% (7% organic).
- Operating margin 16.4% (adjusted 17.0%), up 80bps (120bps adj).
- EPS $1.34, +12%; adjusted EPS $1.42, +21%.
- Quarterly dividend $0.319/share, payable July 1 to holders of record June 3.
- Raises FY2024 guidance: organic revenue +4-7%, adjusted EPS $5.65-$5.90.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216228/000021622824000032/0000216228-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216228/000021622824000032/itt-20240502.htm
  HTML page:      https://secwatch.observer/filing/0000216228-24-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer