ITT Inc.ITT has managed to impress investors with its recent winstreak, as earnings have trumped estimates in the four trailing quarters. The company expects to continue earnings momentum on the back of strong productivity, business streamlining and cost containment measures.
ITT’s performance has reflected well on share price, exhibiting investor optimism. The company’s shares have appreciated 35.8% in the last six months, against the industry ‘s average decline of 6.2%. We believe ITT, which enjoys a strong foothold in an expanding automotive market has several growth drivers working in its favor, in the quarters to come. Read on to find out the key drivers at the moment.
Factors at Play
ITT’s focus o…
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