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Earnings Data
Report Date
Jul 30, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.92Last Year’s EPS
1.64Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and financial quarter with broad-based revenue and orders growth, margin expansion, meaningful adjusted EPS acceleration and an early, accretive contribution from the SPX FLOW acquisition. Management provided constructive full-year guidance and a clear synergy plan while also disclosing near-term headwinds: one-time acquisition costs that depressed free cash flow, higher interest expense and tax rate from acquisition financing, integration and cadence risks (SPX FLOW margin phasing), and exposure to automotive, tariffs and geopolitical disruptions. On balance, the positive growth, margin progress and accretive M&A execution outweighed the short-term financing and integration challenges.Company Guidance
Strong top-line growth
Q1 revenue of $1.2B, up 33% year-over-year (11% organic). Orders grew 26% (8% organic) and book-to-bill was 1.09. Management reports backlog has nearly doubled over the past 3 years.
Outstanding EPS and margin expansion
Adjusted EPS in Q1 was $1.98 on the new basis, up 25% versus prior year. Consolidated operating income grew ~42% and consolidated margin expanded ~130 basis points year-over-year.
Flow Technologies / SPX FLOW initial contribution
Closed SPX FLOW acquisition on March 2. Flow Technologies (combined business) is nearly $3B in revenue. SPX FLOW contributed to a 61% revenue increase in Flow Technologies in Q1 (12% organic) and added ~17 points of growth to ITT. Management expects SPX FLOW to deliver low-teens net adjusted EPS accretion and cost synergies target of $80M (about one-third targeted in year 1) with ~$15M cost synergies expected in 2026.
Broad segment outperformance
All businesses contributed: CCT revenue +17% (aerospace & defense nearly +20%, benefit from Boeing contract renewal), Motion Technologies grew (reported +15% total / +5% organic in one commentary), and Flow Technologies revenue +61% (12% organic). Friction OE outperformed global automotive production by >1,400 basis points in Q1 and won 39 electrified platforms in the quarter.
Profitability drivers and productivity
Flow Technologies operating margin 23.7% (up 100 bps), ITT consolidated margin progressed to ~21.1% (130 bps improvement), CCT margin expanded to 19.3%. Management cited volume, productivity and price actions as key drivers.
Capital allocation and cash outlook
Deployed $100M to share repurchases in March. Excluding $71M of one-time acquisition-related expenses, free cash flow was up ~10% year-over-year. Company guides full-year free cash flow ~ $560M (approx. 10–11% FCF margin). Full-year guidance: adjusted EPS $7.70–$8.00 (midpoint +9%), total revenue growth ~37% and organic growth ~5% at midpoint, and ~70 bps margin expansion to ~20% at midpoint.
ITT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ITT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $212.26 | $216.19 | +1.85% |
Feb 05, 2026 | $184.40 | $201.23 | +9.13% |
Oct 29, 2025 | $174.85 | $194.31 | +11.13% |
Jul 31, 2025 | $158.34 | $168.60 | +6.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does ITT Corp (ITT) report earnings?
ITT Corp (ITT) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).
What is ITT Corp (ITT) earnings time?
ITT Corp (ITT) earnings time is at Jul 30, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ITT EPS forecast?
ITT EPS forecast for the fiscal quarter 2026 (Q2) is 1.92.