ITT (ITT) Reports Q2 Earnings: What Key Metrics Have to Say

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ITT (ITT) Reports Q2 Earnings: What Key Metrics Have to Say

For the quarter ended June 2026, ITT (ITT) 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.

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.

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This article originally published on Zacks Investment Research (zacks.com).

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