ITT Inc

ITT: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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ITT Earnings: Solid Performance and Share Authorization Make the Shares Attractive

Joshua Aguilar

Nov 3, 2023

Narrow-moat-rated ITT turned in a solid third-quarter effort. Results marginally beat our expectations for revenue, adjusted operating margins, and adjusted EPS. Furthermore, management raised its guide on continued strength. Consequently, we raise our fair value estimate by over 5% to $113.

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ITT Inc

ITT Earnings: Solid Performance and Share Authorization Make the Shares Attractive

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