Earnings Summary

Itt Corporation’s revenue jumped 14.12% since last year same period to $910.6Mn in the Q1 2024. On a quarterly growth basis, Itt Corporation has generated 9.83% jump in its revenue since last 3-months.

Itt Corporation’s net profit jumped 11% since last year same period to $111Mn in the Q1 2024. On a quarterly growth basis, Itt Corporation has generated 21.31% jump in its net profits since last 3-months.

Itt Corporation’s net profit margin fell -2.74% since last year same period to 12.19% in the Q1 2024. On a quarterly growth basis, Itt Corporation has generated 10.45% jump in its net profit margins since last 3-months.

Itt Corporation’s price-to-earnings ratio after this Q1 2024 earnings stands at 26.79.

Itt Corporation’s earning per share (EPS) estimates for the current quarter stand at 1.46 - a 7.35% jump from last quarter’s estimates.

Itt Corporation’s earning per share (EPS) estimates for the current year stand at 1.46.

Itt Corporation’s earning per share (EPS) jumped 21.37% since last year same period to 1.42 in the Q1 2024. This indicates that the Itt Corporation has generated 21.37% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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 0.08.

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 0.17.

Itt Corporation declared 0.32 dividend per share during the earnings announcement for Q1 2024.