---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-001615"
form_type: "8-K"
ticker: "ITT"
cik: "0000216228"
company_name: "ITT INC."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T01:12:06.549948+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ITT reports Q3 EPS $1.34, adj. $1.37; acquires Svanehøj for ~$395M

## Summary
- Q3 revenue $822.1M (+9.1% reported, +5.4% organic); segment op margin 19.1% (adj 19.4%), up 150 bps.
- Q3 GAAP EPS $1.34, adjusted EPS $1.37 (+14.2% YoY); operating cash flow $170M, free cash flow $148M.
- Raised full-year guidance: EPS $5.05-$5.11, adj EPS $5.15-$5.21; free cash flow >$400M.
- Acquiring Svanehøj for ~$395M; cryogenic pumps for LNG/LPG; expected close Q1 2024; 2022 sales ~$140M.
- October 2023 board authorized new $1B share repurchase program.

## SEC filing metadata
- accession: 0001157523-23-001615
- form_type: 8-K
- ticker: ITT
- cik: 0000216228
- company_name: ITT INC.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/216228/000115752323001615/0001157523-23-001615-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/216228/000115752323001615/a53738939.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-001615
- JSON: https://secwatch.observer/filing/0001157523-23-001615.json
- Plain text: https://secwatch.observer/filing/0001157523-23-001615.txt

## Key facts
- Earnings Releases
  ITT INC. reported the third quarter ended September 30, 2023 results: revenue $822.1, EPS $1.34. Guidance raised.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $822.1
  - EPS: $1.34
  - Guidance: raised
  - Result: reported results
  source text: of $368 million, up $252 million versus 2022, and free cash flow of $299 million, up $258 million versus 2022. Table 1. Third Quarter Performance Q3 2023 Q3 2022 Change Revenue $ 822.1 $ 753.6 9.1 % Organic Growth 5.4 % Segment Operating Income $ 157.3 $ 132.4 18.8 % Segment Operating Margin 19.1 % 17.6 % 150 bps Adjusted Segment Operating Income $ 159.7 $ 136.8
  evidence_url: https://www.sec.gov/Archives/edgar/data/216228/000115752323001615/0001157523-23-001615-index.htm

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