ITT Inc reports results for the quarter ended June 30 - Earnings Summary
ITT Inc reports results for the quarter ended June 30 - Earnings Summary
ITT Inc ITT.N reported quarterly adjusted earnings of $2.08 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.64. The mean expectation of fourteen analysts for the quarter was for earnings of $1.96 per share. Wall Street expected results to range from $1.91 to $2.08 per share.
Revenue rose 51.5% to $1.47 billion from a year ago; analysts expected $1.40 billion.
ITT Inc's reported EPS for the quarter was 95 cents.
The company reported quarterly net income of $84.9 million.
ITT Inc shares had risen by 3.2% this quarter and gained 17.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.7% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "buy"
Wall Street's median 12-month price target for ITT Inc is $248.00, about 17.7% above its last closing price of $204.08
This summary was machine generated from LSEG data August 6 at 03:38 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.96 | 2.08 | Beat |
Mar. 31 2026 | 1.75 | 1.98 | Beat |
Dec. 31 2025 | 1.78 | 1.85 | Beat |
Sep. 30 2025 | 1.67 | 1.78 | Beat |