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
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Q3 2020 ITT Inc Earnings Call Transcript

Oct 30, 2020 / 01:30PM GMT
Release Date Price: $60.51 (-3.63%)
Operator

Welcome to ITT's 2020 Third Quarter Conference Call. Today is Friday, October 30, 2020. Today's call is being recorded and will be available for replay beginning at 12 p.m. Eastern. (Operator Instructions) The floor will be open for your questions following the presentation. (Operator Instructions)

It is now my pleasure to turn the floor over to Alex Sherk, Investor Relations Manager. You may begin.

Alex Sherk

Good morning, and thank you, Laurie. Welcome to ITT's Third Quarter 2020 Earnings Call. This is Alex Sherk. And on the line this morning are Luca Savi, Chief Executive Officer and President; and Emmanuel Caprais, Chief Financial Officer.

Today's presentation, press release and reconciliations 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, asset impairment, acquisition-related items and certain tax items. All adjustments in the quarter are

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