ITT Inc. (NYSE:ITT ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Mark Macaluso - Vice President, Investor Relations and Global Communications Luca Savi - Chief Executive Officer and President Emmanuel Caprais - Chief Financial Officer Conference Call Participants Damian Karas - UBS Scott Davis - Melius Research Joseph Giordano - TD Cowen Michael Halloran - Baird Nathan Jones - Stifel Vlad Bystricky - Citigroup Jeff Hammond - KeyBanc Capital Markets Joseph Ritchie - Goldman Sachs Sabrina Abrams - Bank of America Operator Welcome to ITT's 2024 Second Quarter Conference Call. Today is Thursday, August 1, 2024.
Although the revenue and EPS for ITT (ITT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
ITT (ITT) came out with quarterly earnings of $1.49 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.33 per share a year ago.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for ITT (ITT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
ITT (ITT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ITT benefits from strength in the IP segment, driven by growth in pump projects in the industrial market. The company's efforts to reward its shareholders with dividends augur well.
ITT stands to benefit from strength in its businesses, acquisitions and shareholder-friendly policies.