Investing.com - ITT reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
ITT announced earnings per share of $0.99 on revenue of $689.6M. Analysts polled by Investing.com anticipated EPS of $0.9253 on revenue of $675.26M.
ITT shares are up 26.94% from the beginning of the year and are trading at $97.77 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
ITT follows other major Capital Goods sector earnings this month
ITT's report follows an earnings beat by ASML ADR on Wednesday, October 20, 2021, who reported EPS of $4.97 on revenue of $6.1B, compared to forecasts EPS of $4.61 on revenue of $6.19B.
Honeywell had beat expectations on Friday, October 22, 2021 with third quarter EPS of $2.02 on revenue of $8.47B, compared to forecast for EPS of $1.99 on revenue of $8.66B.
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