10/30/2009-ITT Industries (NYSE:ITT) reported Q3 EPS of $1.03, ex-items, topping consensus estimates of 90 cents. Revenues in the quarter fell 6.3% year-over-year to $2.70 billion, inline with consensus estimates. The Company raised its full-year 2009 EPS forecast to $3.70 - $3.74 (vs. consensus estimates of $3.66), and up from its previous estimated range of $3.50 to $3.70. Full-year 2009 revenue is expected to be unchanged from previous guidance in the range of $10.9 billion to $11.0 billion.

Steve Loranger, ITT's Chairman, President and Chief Executive Officer, "We believe our strong performance during the third quarter and our projected growth outlook for the remainder of the year underscore what ITT can accomplish by concentrating on execution and meeting our commitments. We remain focused on performance and growing value across our balanced portfolio of businesses, while working diligently to understand and address the needs of our diverse customer base and continuing to increase our investments for future organic growth."

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