10-Q quarterly report · filed May 3, 2019

Itt Inc (ITT) Q1 2019 10-Q Quarterly Report

Short answer

Itt Inc (ITT) filed its Q1 2019 10-Q quarterly report on May 3, 2019 for the quarter ended Mar 31, 2019.

Itt Inc Q1 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $695.5, up 0.9% YoY from $689.3, organic revenue up 5.0%
  • Consolidated operating margin 13.0% vs 16.0% YoY, segment margin 15.9% vs 14.8%
  • Best segment IP: revenue $215.7, up 13.6%, margin 10.3% vs 8.9%; worst MT: revenue $315.2, down 7.9%
  • Operating cash flow $42.1 vs $42.4 YoY, adjusted free cash flow $24.6 vs $9.7, shareholder returns $24
  • Headwinds: global auto weakness, commodity costs, tariffs and foreign exchange, with tariff impacts remaining highly uncertain

Risk Factors

  • No material changes to risk factors disclosed in ITT’s 2018 Annual Report
  • Carried-forward risks remain incorporated by reference without additional quarterly detail

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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