ITT Inc (NYSE:ITT)

$ 155.36 2.31 (1.51%) Market Cap: 12.66 Bil Enterprise Value: 13.13 Bil PE Ratio: 26.51 PB Ratio: 4.61 GF Score: 88/100

ITT Inc at Goldman Sachs Industrials & Materials Conference Transcript

May 09, 2023 / 01:20PM GMT

Release Date Price: $82.3 (-1.78%)

Transcript 10-Q8-K

Joseph Alfred Ritchie

Goldman Sachs Group, Inc., Research Division - VP & Lead Multi-Industry Analyst

All right. I think we're ready to get going with the next participant. Really excited to have ITT here with us today. We have Luca Savi, President and CEO; and Emmanuel Caprais, who's SVP and CFO. Thank you, gentlemen, for both being here with us today.

Luca Savi

ITT Inc. - CEO, President & Director

Thank you, Joe.

Joseph Alfred Ritchie

Goldman Sachs Group, Inc., Research Division - VP & Lead Multi-Industry Analyst

Luca, I know that you wanted to start with some prepared comments. So why don't I turn it over to you?

Luca Savi

ITT Inc. - CEO, President & Director

Sure. Maybe just a couple of minutes to highlight a few things on Q1. ITT started 2023 with a good quarter. Revenue up 10%, orders up, a backlog that today is more than $1.1 billion, improvement in segment operating margin of 150 basis points, EPS up 21% year-over-year. And also in terms of

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