- ITT press release ( NYSE: ITT ): Q4 Non-GAAP EPS of $1.29 beats by $0.05 .
- Revenue of $774.6M (+13.0% Y/Y) beats by $7.78M .
- 2023 Guidance: We expect revenue growth of 7% to 9%, up 6% to 8% on an organic basis; segment operating margin of 17.0% to 17.8%, and adjusted segment operating margin of 17.3% to 18.1%, up 10 to 90 bps; EPS of $4.38 to $4.78, and adjusted EPS of $4.55 to $4.95 vs consensus of $4.95, representing growth of 7% at the midpoint; and free cash flow of $350 million to $400 million, representing free cash flow margin of 11% to 12% for the full year 2023
For further details see:
ITT Non-GAAP EPS of $1.29 beats by $0.05, revenue of $774.6M beats by $7.78M, initiates FY guidance