secwatch.observer — SEC 8-K summary
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Issuer:     ITT INC. (ITT)
CIK:        0000216228
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001157523-21-001325
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ITT Q3 EPS $1.00, adj. EPS $0.99 (+21%); raises FY adj. EPS guidance to $4.01-$4.06
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- Revenue $689.6M, +16.6% reported, +15.6% organic; EPS $1.00 vs ($0.55) loss in Q3 2020.
- Adjusted segment margin 16.8%, +60 bps; Motion Tech revenue +22.3%, IP +8.6%, CCT +16.8%.
- Operating cash flow YTD –$127.9M vs +$318.1M, largely due to InTelCo divestiture payment.
- Raising FY'21 adjusted EPS guidance to $4.01-$4.06 (+25-27%), revenue guidance unchanged at +11-13%.
- Orders growth 27% organic; backlog strong heading into 2022; share repurchases boosting EPS.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216228/000115752321001325/0001157523-21-001325-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216228/000115752321001325/a52521035.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-001325

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