Earnings Summary

Itt Corporation’s revenue jumped 13.72% since last year same period to $833.9Mn in the Q2 2023. On a quarterly growth basis, Itt Corporation has generated 4.51% jump in its revenue since last 3-months.

Itt Corporation’s net profit jumped 45.04% since last year same period to $108.2Mn in the Q2 2023. On a quarterly growth basis, Itt Corporation has generated 8.2% jump in its net profits since last 3-months.

Itt Corporation’s net profit margin jumped 27.54% since last year same period to 12.98% in the Q2 2023. On a quarterly growth basis, Itt Corporation has generated 3.53% jump in its net profit margins since last 3-months.

Itt Corporation’s earning per share (EPS) estimates for the current quarter stand at 1.24 - a 5.98% jump from last quarter’s estimates.

Itt Corporation’s earning per share (EPS) estimates for the current year stand at 1.24.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Itt Corporation’s return on assets (ROA) stands at 0.09.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Itt Corporation’s return on equity (ROE) stands at 0.2.

Itt Corporation declared 0.29 dividend per share during the earnings announcement for Q1 2023.