ITT Inc (NYSE:ITT)

$ 156.12 0.839 (0.54%) Market Cap: 12.72 Bil Enterprise Value: 13.19 Bil PE Ratio: 26.64 PB Ratio: 4.63 GF Score: 88/100

Q4 2019 ITT Inc Earnings Call Transcript

Feb 21, 2020 / 02:00PM GMT

Release Date Price: $71.19 (+3.37%)

Transcript 10-K8-K

Operator

Welcome to ITT's 2019 Fourth Quarter Conference Call. Today is Friday, February 21, 2020. Today's call is being recorded and will be available for replay beginning at 12:00 p.m. Eastern Time. (Operator Instructions)

It is now my pleasure to turn the floor over to Emmanuel Caprais, Vice President of Finance, FP&A and Investor Relations. You may begin.

Emmanuel Caprais

ITT Inc. - VP of Finance, FP&A & IR

Good morning, and thank you, Laurie. Welcome to ITT's Fourth Quarter 2019 Earnings and 2020 Guidance Call. This is Emmanuel. And with me today are Luca Savi, Chief Executive Officer and President; and Tom Scalera, Chief Financial Officer.

I'd like to highlight that today's presentation, press release and reconciliation of non-GAAP financial measures to the most comparable GAAP measure can be found on our website at itt.com/investors.

Our adjusted non-GAAP results exclude certain nonoperating and nonrecurring items, including, but not limited to, asbestos, restructuring, acquisition-related items and certain tax items. All

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