ITT (NYSE: ITT) filed its 10-K on Feb. 29. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), ITT beat slightly on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share contracted to a loss.

Gross margins contracted, operating margins contracted, net margins improved.

Revenue details
ITT recorded revenue of $518.0 million. The three analysts polled by S&P Capital IQ expected sales of $508.8 million on the same basis. GAAP reported sales were 9.8% higher than the prior-year quarter's -$6.05 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.36. The five earnings estimates compiled by S&P Capital IQ averaged $0.36 per share on the same basis. GAAP EPS were -$5.38 for Q4 compared to $2.96 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 27.5%, 10 basis points worse than the prior-year quarter. Operating margin was 11.0%, 130 basis points worse than the prior-year quarter. Net margin was 7.5%, 1,200 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $550.2 million. On the bottom line, the average EPS estimate is $0.33.

Next year's average estimate for revenue is $2.27 billion. The average EPS estimate is $1.69.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 350 members out of 366 rating the stock outperform, and 16 members rating it underperform. Among 101 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 98 give ITT a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on ITT is hold, with an average price target of $24.57.

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