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ITT (ITT) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended June 2026, ITT (ITT - Free Report) reported revenue of $1.47 billion, up 51.5% over the same period last year. EPS came in at $2.08, compared to $1.64 in the year-ago quarter.
The reported revenue represents a surprise of +5.77% over the Zacks Consensus Estimate of $1.39 billion. With the consensus EPS estimate being $1.93, the EPS surprise was +7.77%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how ITT performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Flow Technologies (FT): $792.5 million versus $728.51 million estimated by three analysts on average.
Revenue- Intersegment eliminations: $-1.1 million versus $-1.17 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a 0% change.
Revenue- Connect & Control Technologies (CCT): $295.7 million versus the three-analyst average estimate of $272.81 million. The reported number represents a year-over-year change of +17.4%.
Revenue- Motion Technologies (MT): $386 million versus $394.06 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5.6% change.
Adjusted Operating Income- Flow Technologies (FT): $170 million versus the three-analyst average estimate of $144.81 million.
Adjusted Operating Income- Connect & Control Technologies (CCT): $64.2 million compared to the $60.14 million average estimate based on three analysts.
Adjusted Operating Income- Motion Technologies (MT): $81.4 million versus the three-analyst average estimate of $82.08 million.
Adjusted Operating Income- Corporate: $-20.4 million versus the three-analyst average estimate of $-22.18 million.
Shares of ITT have returned +10.1% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
View the Zacks #1 Rank List
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ITT (ITT) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended June 2026, ITT (ITT - Free Report) reported revenue of $1.47 billion, up 51.5% over the same period last year. EPS came in at $2.08, compared to $1.64 in the year-ago quarter.
The reported revenue represents a surprise of +5.77% over the Zacks Consensus Estimate of $1.39 billion. With the consensus EPS estimate being $1.93, the EPS surprise was +7.77%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how ITT performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for ITT here>>>
Shares of ITT have returned +10.1% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.