secwatch.observer — SEC 8-K summary
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Issuer:     ITT INC. (ITT)
CIK:        0000216228
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001157523-22-001496
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ITT Q3 EPS $1.23 beats prior year; raises organic revenue growth guidance to 12%
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- Revenue $753.6M (+9.3% reported, +14.9% organic); segment operating margin 17.6% (+150 bps YoY).
- Adjusted EPS $1.20 (+21.2% YoY); Q3 EPS $1.23; driven by pricing recovery and volume gains.
- Raised FY2022 guidance: organic revenue growth raised to 12%, segment op margin ~17.0%, adjusted EPS $4.35-$4.45.
- Order backlog exceeds $1B; double-digit organic order growth across industrial process, connectors, and aerospace & defense.
- YTD free cash flow $41.5M vs -$180.5M prior year; capital deployed over $560M in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216228/000115752322001496/0001157523-22-001496-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216228/000115752322001496/a52957974.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001496

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