ITT Inc. (ITT) said the company is maintaining its 2024 revenue, margin, EPS and free cash flow guidance despite the Wolverine divestiture. The company continues to expect revenue growth of 9% to 12%, up 4% to 7% on an organic basis; full year EPS of $5.51 to $5.76 and adjusted EPS of $5.65 to $5.90; and free cash flow of $435 million to $475 million.
The company announced a quarterly dividend of $0.319 per share on the company's outstanding common stock. ITT's Board approved the cash dividend for the third quarter of 2024, which will be payable on Sept. 30, 2024, to shareholders of record as of the close of business on Sept. 3, 2024.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.