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BRIEF-ITT Q4 GAAP earnings per share $0.27
February 14, 2017 / 12:12 PM / 9 months ago

BRIEF-ITT Q4 GAAP earnings per share $0.27

Feb 14 (Reuters) - ITT Inc :

* ITT reports 2016 fourth-quarter and full-year results, 2017 guidance

* Q4 gaap earnings per share $0.27

* Q4 earnings per share view $0.42 -- Thomson Reuters I/B/E/S

* Sees fy 2017 adjusted earnings per share $2.18 to $2.48

* Sees fy 2017 gaap earnings per share $1.45 to $1.75

* Q4 revenue $588 million versus i/b/e/s view $550.7 million

* Itt inc - quarterly dividend raised to $0.128 per share

* Itt inc - sees 2017 total revenue down 2% to up 2%

* Fy2017 earnings per share view $2.47, revenue view $2.42 billion -- Thomson Reuters I/B/E/S

* Itt inc - “as we look ahead to 2017, we are mindful that we will continue to face a challenging environment”

* Itt inc says plans to continue to return capital to shareowners through increasing its quarterly dividend by 3 percent to $0.128 per share

* Itt inc - on an adjusted basis, qtrly organic revenue declined 10 percent

* Itt inc - targeting up to $65 million of share repurchases in 2017, based on various factors

* Fy2017 earnings per share view $2.47, revenue view $2.42 billion -- Thomson Reuters I/B/E/S

* Itt inc - qtrly adjusted earnings per share $0.48 Source text for Eikon: Further company coverage:

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