ITT Expects FY23 Adjusted EPS Of $4.95-$5.15, Up 11%-16% YoY, Vs Consensus Of $4.89 (Prior View: $4.65-$4.95)
Portfolio Pulse from Benzinga Newsdesk
ITT Inc. has updated its FY23 adjusted EPS guidance to $4.95-$5.15, an increase of 11%-16% YoY, which is above the consensus of $4.89. The company maintains its revenue guidance of 7%-9% and 6%-8% on an organic basis, and free cash flow guidance of $350 million to $400 million.
August 04, 2023 | 12:52 pm
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ITT Inc. has raised its FY23 adjusted EPS guidance, which is above the consensus. The company's revenue and cash flow guidance remain unchanged.
ITT Inc. has raised its FY23 adjusted EPS guidance, which is above the consensus. This positive financial outlook could lead to an increase in the company's stock price in the short term. The company's revenue and cash flow guidance remain unchanged, indicating stability in its financial performance.
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