{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-001238","form_type":"8-K","ticker":"ITT","cik":"0000216228","company_name":"ITT INC.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.189435+00:00","generated_at":"2026-06-12T09:41:02.124108+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ITT Q2 EPS $1.31, revenue up 14% YoY; raises FY2023 margin and EPS guidance","bullets":["Revenue $833.9M, up 13.7% YoY (12.5% organic); segment operating margin 18.3% (adj. 18.7%), up 270 bps.","EPS $1.31 (+44%), adjusted EPS $1.33 (+36%); driven by volume, pricing, and share repurchases.","Industrial Process revenue +22.5%, operating income +69.8%; Motion Tech revenue +11.3%, op income +22.8%.","New FY2023 guidance: segment op margin 17.4%-18.2% (adj. 17.7%-18.5%); adjusted EPS $4.95-$5.15 (up 11%-16%).","Free cash flow Q2 $122M (+$83M); YTD free cash flow $152M, up $145M versus prior year."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-001238","json":"https://secwatch.observer/filing/0001157523-23-001238.json","markdown":"https://secwatch.observer/filing/0001157523-23-001238.md","text":"https://secwatch.observer/filing/0001157523-23-001238.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/216228/000115752323001238/0001157523-23-001238-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/216228/000115752323001238/a53503535.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T09:41:02.124108+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"089e0a4fcecb25fc320d34a981a4ab1563564269","claim":"ITT INC. reported second quarter ended July 1, 2023 results: revenue $833.9, EPS $1.31. Guidance raised.","evidence_excerpt":"million. On a year-to-date basis, ITT generated free cash flow of $152 million, up $145 million versus 2022. Table 1. Second Quarter Performance Q2 2023 Q2 2022 Change Revenue $ 833.9 $ 733.3 13.7 % Organic Growth 12.5 % Segment Operating Income $ 152.5 $ 114.3 33.4 % Segment Operating Margin 18.3 % 15.6 % 270 bps Adjusted Segment Operating Income $ 156.2 $","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/216228/000115752323001238/0001157523-23-001238-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended July 1, 2023"},{"label":"Revenue","value":"$833.9"},{"label":"EPS","value":"$1.31"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}