[May 20, 2013] ITT Earnings Review: 18 Days after Announcement Shares Up 11.6% (ITT) Tweet May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- When ITT (NYSE:ITT) reported earnings 18 days ago on May 2nd, 2013, analysts, on average, expected the company to report earnings of $0.42 on sales of $609.0 million. ITT actually reported earnings of $0.47 per share on sales of $608.2 million, beating EPS estimates by $0.05 and missing revenue estimates by $0.8 million. Since the company's report, shares of ITT have risen from $27.55 to $30.75, representing a gain of 11.6% in the past 18 days. Over the past year, ITT has traded in a range of $16.88 to $30.83 and is now at $30.75, 82% above that low. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has risen 1.2%. SmarTrend recommended that subscribers consider buying shares of ITT on May 3rd, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $28.05. Since that recommendation, shares of ITT have risen 9.6%. We continue to monitor ITT for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]