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ITT FY24 Outlook: Adj. EPS $5.45-$5.90 Vs. $5.90 Estimate, GAAP EPS $5.37-$5.82 Vs, $5.84 Estimate, Revenue Growth 9%-12%

Author: Benzinga Newsdesk | February 08, 2024 07:40am

2024 Guidance

We expect revenue growth of 9% to 12%, up 3% to 6% on an organic basis; operating margin of 16.7% to 17.3%, and adjusted operating margin of 16.9% to 17.5%, flat to up 60 bps; EPS of $5.37 to $5.82, and adjusted EPS of $5.45 to $5.90, representing growth of 9% at the midpoint; and free cash flow of $435 million to $475 million, representing free cash flow margin of 12% to 13% for full year 2024.

Posted In: ITT


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