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ITT Tops Third-Quarter Earnings Forecast and Raises Full-Year Adjusted Guidance

by: , Atlantic Wire
October 29, 2010

Category: Syndicated Industry News | RSS 2.0

WHITE PLAINS, N.Y.–(BUSINESS WIRE)–ITT Corporation (NYSE: ITT) today reported 2010 third-quarter revenue of $2.6 billion and net income of $145 million, or $0.78 per share. Income from continuing operations was $12 million, or $0.07 per share. Excluding the impact of special items, income from continuing operations for the quarter was $200 million, or $1.08 per share, representing 6 percent year-over-year growth. “Our outstanding results this quarter reflect strong revenue growth in our commer



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