Welcome to our dedicated page for ITT news (Ticker: $ITT), a resource for investors and traders seeking the latest updates and insights on ITT stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ITT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ITT's position in the market.
ITT Inc. (NYSE: ITT) will participate in the 17th Annual Wolfe Research Global Transportation & Industrials Conference on May 22, with CFO Emmanuel Caprais presenting. ITT is known for manufacturing critical components and technology solutions for transportation, industrial, and energy sectors, emphasizing innovation and customer partnerships.
ITT Inc. reported strong Q1 2024 results, including a 14% revenue growth (9% organic), $1.34 EPS, and $1.42 adjusted EPS. The company saw a 13% orders growth and surpassed $900 million in revenue for the quarter. Operating margin expanded to 16.4%, and adjusted operating margin to 17.0%. ITT raised its 2024 full year guidance.
