STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — ITT Corp. (ITT) on Thursday reported second-quarter profit of $121 million.
On a per-share basis, the Stamford, Connecticut-based company said it had net income of $1.52. Earnings, adjusted for non-recurring costs and restructuring costs, came to $1.64 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.62 per share.
The supplier of parts and services to a wide variety of industries posted revenue of $972.4 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $946.9 million.
ITT expects full-year earnings in the range of $6.35 to $6.55 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITT at https://www.zacks.com/ap/ITT
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
