How did ITT's revenue and expenses trend in Q4 2024?

ITT's revenue and expenses in Q4 2024 showed a diversified business performance with varying segments contributing to the overall financial outcome. 1. **Revenue Trend**: - ITT's total revenue for Q4 2024 was $1.45 billion. - The company's revenue was distributed across segments, with Motion Technologies contributing $1.45 billion, Industrial Process with $1.36 billion, and Control Technologies with $825.1 million and $584.1 million respectively. - The segment basis for these figures indicates a strong performance in the Motion Technologies and Industrial Process areas. |code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code| |---|---|---|---|---|---|---| |ITT|ITT.N|ITT|20240101-2024|Other Corporate|0|169| |ITT|ITT.N|ITT|20240101-2024|Other Corporate|0|169| |ITT|ITT.N|ITT|20240101-2024|Other Corporate|0|169| |ITT|ITT.N|ITT|20240101-2024|Other Corporate|0|169| |ITT|ITT.N|ITT|20240101-2024|Control Technologies|1.851E8|169| |ITT|ITT.N|ITT|20240101-2024|Eliminations|-800000|169| |ITT|ITT.N|ITT|20240101-2024|Industrial Process|3.339E8|169| |ITT|ITT.N|ITT|20240101-2024|Motion Technologies|3.924E8|169| 2. **Expense Trend**: - ITT's net income for Q4 2024 was $127.6 million. - To determine the expenses, we can infer that the net income is the total revenue minus the total expenses. - The net income indicates that ITT managed to generate a profit of $127.6 million during the quarter, which suggests that the company's expenses were effectively managed to achieve this financial outcome. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |ITT|ITT.N|ITT|2024 Q1|11.717974180734856|1.125E8|169| |ITT|ITT.N|ITT|2024 Q2|10.560146923783286|1.204E8|169| |ITT|ITT.N|ITT|2024 Q3|44.63327370304114|1.617E8|169| |ITT|ITT.N|ITT|2024 Q4|38.095238095238095|1.276E8|169| In conclusion, ITT's revenue in Q4 2024 was robust, with significant contributions from its Motion Technologies and Industrial Process segments. The company's ability to generate a net income of $127.6 million during the same period highlights effective expense management, resulting in a strong financial performance.