secwatch.observer — SEC 8-K summary
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Issuer:     ITT INC. (ITT)
CIK:        0000216228
Form:       8-K
Filed at:   2022-02-10T23:59:59+00:00
Accession:  0001157523-22-000169
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ITT Reports Q4 EPS of $1.20, Adjusted EPS $1.06; Initiates 2022 Guidance
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- Q4 orders up 9% (10% organic) driven by strong demand across Industrial Process and Connect & Control.
- Q4 segment operating margin 17.9%, up 100 bps; adjusted segment operating margin 18.2%, up 130 bps.
- Initiates 2022 EPS guidance of $4.22 to $4.66, adjusted EPS $4.30 to $4.70, up 11% at the midpoint.
- Announces 20% increase in quarterly dividend to $0.264 per share, payable April 4, 2022.
- 2022 revenue growth guidance of 7% to 9% (9% to 11% organic); free cash flow $300M to $325M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216228/000115752322000169/0001157523-22-000169-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216228/000115752322000169/a52576785.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000169

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