WHITE PLAINS, N.Y. (AP) _ ITT Corp. (ITT) on Wednesday reported third-quarter net income of $87.5 million, after reporting a loss in the same period a year earlier.

The White Plains, New York-based company said it had net income of $1.01 per share. Earnings, adjusted for non-recurring gains and to account for discontinued operations, came to 99 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 93 cents per share.

The supplier of parts and services to a wide variety of industries posted revenue of $689.6 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $671.8 million.

ITT expects full-year earnings in the range of $4.01 to $4.06 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITT at https://www.zacks.com/ap/ITT

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