ITT Inc (FRA:2II)
€ 128 1 (0.79%) Market Cap: 10.53 Bil Enterprise Value: 10.74 Bil PE Ratio: 27.06 PB Ratio: 4.41 GF Score: 88/100

Q3 2019 ITT Inc Earnings Call Transcript

Nov 01, 2019 / 01:00PM GMT
Release Date Price: €54
Operator

Welcome to ITT's 2019 Third Quarter Conference Call. Today is Friday, November 1, 2019. Today's call is being recorded and will be available for a 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, SD&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 Third Quarter 2019 Earnings Call. This is Emmanuel, and with me today are Luca Savi, President and Chief Executive Officer; 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 adjustments in the quarter

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