|Bid||65.04 x 900|
|Ask||83.15 x 800|
|Day's range||81.66 - 84.11|
|52-week range||35.41 - 84.42|
|Beta (5Y monthly)||1.55|
|PE ratio (TTM)||100.46|
|Earnings date||29 Apr 2021 - 03 May 2021|
|Forward dividend & yield||0.88 (1.06%)|
|Ex-dividend date||16 Mar 2021|
|1y target est||89.64|
February 22, 2021-- ITT Inc. (NYSE: ITT) today announced that Emmanuel Caprais, chief financial officer, will present at the Gabelli 31st Annual Pump, Valve & Water Systems Symposium on Thursday, February 25, 2021, from 1:30 p.m. – 2:00 p.m. EST.
It is now my pleasure to turn the floor over to Mark Macaluso, Vice President, Investor Relations. It is my pleasure to welcome you to ITT's fourth quarter 2020 earnings conference call. Joining me here this morning are Luca Savi, ITT's Chief Executive Officer and President; and Emmanuel Caprais, Chief Financial Officer.
ITT Inc. (NYSE: ITT) today reported fourth quarter 2020 and full-year financial results that reflect the company’s resilience and benefits derived from actions taken to address the challenges of the global pandemic. The company reported a fourth quarter year-over-year sales decline of 2%, down 4% on an organic basis, and full year sales decline of 13% to $2,478 million. Segment operating margin for the fourth quarter of 16.9% expanded 200 basis points and adjusted segment operating margin expanded 150 basis points.