Advertisement
Singapore markets closed

  • Straits Times Index

    3,410.81
    -29.07 (-0.85%)
     

  • Nikkei

    40,912.37
    -1.28 (-0.00%)
     

  • Hang Seng

    17,799.61
    -228.67 (-1.27%)
     

  • FTSE 100

    8,203.93
    -37.33 (-0.45%)
     

  • Bitcoin USD

    56,487.92
    -1,965.09 (-3.36%)
     

  • CMC Crypto 200

    1,172.54
    -36.16 (-2.99%)
     

  • S&P 500

    5,564.06
    +27.04 (+0.49%)
     

  • Dow

    39,347.32
    +39.32 (+0.10%)
     

  • Nasdaq

    18,351.35
    +163.04 (+0.90%)
     

  • Gold

    2,401.00
    +31.60 (+1.33%)
     

  • Crude Oil

    83.23
    -0.65 (-0.77%)
     

  • 10-Yr Bond

    4.2720
    -0.0830 (-1.91%)
     

  • FTSE Bursa Malaysia

    1,611.02
    -5.73 (-0.35%)
     

  • Jakarta Composite Index

    7,253.37
    +32.48 (+0.45%)
     

  • PSE Index

    6,492.75
    -14.74 (-0.23%)
     

ITT: Q1 Earnings Snapshot

Associated Press Finance
·1-min read

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — ITT Corp. (ITT) on Thursday reported first-quarter earnings of $111 million.

On a per-share basis, the Stamford, Connecticut-based company said it had profit of $1.34. Earnings, adjusted for one-time gains and costs, came to $1.42 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.36 per share.

The supplier of parts and services to a wide variety of industries posted revenue of $910.6 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $873.6 million.

ADVERTISEMENT

ITT expects full-year earnings in the range of $5.65 to $5.90 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