ITT (ITT) - 2024 Q1 - Quarterly Results

Exhibit 99.1 ITT REPORTS 2024 FIRST QUARTER EARNINGS PER SHARE (EPS) OF $1.34, ADJUSTED EPS OF $1.42 ▪ 13% orders growth (7% organic) driven by improved connectors demand, aerospace and defense components ramp, and Friction and rail share gains ▪ 14% revenue growth (9% organic), surpassing $900 million in revenue for the quarter, driven by higher volume in all businesses ▪ 80 basis points operating margin expansion to 16.4%; 120 basis points adjusted operating margin expansion to 17.0% ▪ 12% EPS growth (21% ...