ITT (ITT) Q2 EPS Jumps 10%
(NYSE:ITT), a diversified industrial engineering company, reported its financial results on July 31, 2025. The headline news: adjusted earnings per share reached $1.64, topping the $1.61 analyst forecast (non-GAAP), and revenue (GAAP) hit $972.4 million, exceeding the consensus GAAP estimate of $948.47 million. Orders again surpassed $1 billion, pushing the backlog to nearly $2 billion at the end of the quarter. Overall, the quarter outperformed Wall Street expectations, with broad-based revenue growth and improved profitability, although margin expansion remained modest in some segments.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
ITT operates in the industrial sector, specializing in engineering solutions and components for transportation, industrial process, and aerospace markets. Its main segments are Motion Technologies (MT), which focuses on brakes and shock absorbers for vehicles and rail; Industrial Process (IP), covering pumps and valves for fluid handling; and Connect Control Technologies (CCT), which provides components and connectors for aerospace, defense, and industrial applications. By serving a range of sectors, ITT aims to smooth out fluctuations in any single market and maintain growth.
Source Fool.com
