ITT: ITT Inc. Posts Preliminary Q1 Results; Sees Adj. EPS In Range Of $1.43-$1.45

ITT Inc. (ITT) reported preliminary first quarter results. The company anticipates: earnings per share of $1.29 to $1.35, and adjusted EPS of $1.43 to $1.45. Revenue is projected more than $900 million; flat on a GAAP and organic basis. Orders were $1.0 billion, up 7%, or 2% on an organic basis. Analysts on average expect the company to report profit per share of $1.43, for the quarter. Analysts' estimates typically exclude special items.