---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000717"
form_type: "8-K"
ticker: "ITT"
cik: "0000216228"
company_name: "ITT INC."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:09:41.468282+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ITT Q1 EPS $1.20, adj $1.17, revenue $798M (+10%); raises FY adj EPS guidance

## Summary
- Revenue $797.9M (+10% YoY, organic +10.3%); EPS $1.20 (+36%), adjusted EPS $1.17 (+21%).
- Segment op margin 17.3% (+270bps); adjusted margin 17.5% (+150bps); Industrial Process revenue +31.8%.
- Motion Tech revenue -1.4% (organic +2.2%) on FX/Ukraine; CCT revenue +8.4% (organic +9.8%) on aerospace demand.
- Full-year adj EPS guidance raised to $4.65-$4.95 (up 5-11%); revenue growth 7-9% unchanged.
- Operating cash flow $58M vs -$2.7M; free cash flow $29M vs -$32.7M; acquired Micro-Mode Products.

## SEC filing metadata
- accession: 0001157523-23-000717
- form_type: 8-K
- ticker: ITT
- cik: 0000216228
- company_name: ITT INC.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/216228/000115752323000717/0001157523-23-000717-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/216228/000115752323000717/a53392764.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000717
- JSON: https://secwatch.observer/filing/0001157523-23-000717.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000717.txt

## Key facts
- Earnings Releases
  ITT INC. reported the first quarter ended April 1, 2023 results: revenue $ 797.9 $ 726.2 9.9 %, EPS $ 1.20 $ 0.88 36.4 %. Guidance raised.
  - Period: the first quarter ended April 1, 2023
  - Revenue: $ 797.9 $ 726.2 9.9 %
  - EPS: $ 1.20 $ 0.88 36.4 %
  - Guidance: raised
  - Result: reported results
  source text: inventory management. Free cash flow for the quarter of $29 million increased $62 million versus prior year. Table 1. First Quarter Performance Q1 2023 Q1 2022 Change Revenue $ 797.9 $ 726.2 9.9 % Organic Growth 10.3 % Segment Operating Income $ 138.1 $ 105.8 30.5 % Segment Operating Margin 17.3 % 14.6 % 270 bps Adjusted Segment Operating Income $ 140.0 $
  evidence_url: https://www.sec.gov/Archives/edgar/data/216228/000115752323000717/0001157523-23-000717-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.