Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering ITT (ITT) , which belongs to the Zacks Diversified Operations industry.This supplier of parts and services to a wide variety of industries has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 2.07%.For the most recent quarter, ITT was e ...

Financial Performance - ITT reported preliminary Q1 2025 revenue of over $900 million, flat on a GAAP and organic basis, driven by strength in pumps aftermarket and connectors, offset by lower aerospace demand[6]. - The company anticipates earnings per share (EPS) between $1.29 and $1.35, with adjusted EPS ranging from $1.43 to $1.45[6]. - ITT's operating margin for Q1 2025 was reported at 16.5%, with an adjusted operating margin of 17.4%[25]. - Net cash from operating activities is estimated to be between $107 million and $117 million, with free cash flow projected at $70 million to $80 million[30]. - Organic revenue growth for Q1 2025 was $871.5 million, showing a slight increase of 0.4 million compared to the previous year[22]. - Organic orders growth for Q1 2025 was $959.7 million, reflecting a 2.5% increase compared to the prior year[22]. Orders and Guidance - Orders for Q1 2025 totaled $1.0 billion, reflecting a growth of 7% or 2% on an organic basis[6]. - ITT will discuss its full year outlook and further details on its Q1 financial results during a conference call on May 1, 2025[3]. Share Repurchase and Acquisitions - The company plans to repurchase up to $500 million of its shares, with $875 million remaining under the existing $1 billion share repurchase authorization[4]. - The company maintains its commitment to executing further acquisitions while preserving its investment grade credit rating[4].

FORM 10-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 OR (Mark One) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition period from_____ to _____ Commission File No. 001-05672 ITT INC. (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) 100 Washington Boulevard 6th Floor, Stamford, CT 06902 (Address of Principal Executive Offices) (Zip Code) (914) 641-2000 ☑ ANNUAL REPORT PUR ...

Core Insights - ITT Inc. reported fourth-quarter 2024 adjusted earnings of $1.50 per share, exceeding the Zacks Consensus Estimate of $1.47, marking an 11.9% year-over-year increase driven by sales growth across most segments [1][2] - Total revenues for the quarter reached $929.0 million, surpassing the consensus estimate of $927 million, and reflecting a 12% year-over-year increase [2] Financial Performance - For the full year 2024, ITT's net revenues were $3.6 billion, a 10.6% increase year over year, with adjusted earnings of $5.86 per share, up 12.5% [3] - The Industrial Process segment generated revenues of $326.0 million, a 25% year-over-year increase, supported by strong pump projects and aftermarket demand [4] - The Motion Technologies segment reported revenues of $326 million, an 11% decrease year over year, primarily due to the divestiture of the Wolverine unit [5] - The Connect & Control Technologies segment saw revenues of $241.0 million, a 37.2% year-over-year increase, driven by favorable pricing and growth in defense and industrial connectors [6] Margin and Cost Analysis - ITT's cost of revenues increased by 12.8% year over year to $612.6 million, while gross profit rose 10.6% to $316.4 million [7] - Adjusted operating income climbed 15.5% year over year to $162.8 million, with a margin expansion of 50 basis points to 17.5% [7] Cash Flow and Capital Management - At the end of the fourth quarter, ITT had cash and cash equivalents of $439.3 million, down from $489.2 million a year earlier, with short-term borrowings increasing to $427.6 million [8] - In 2024, ITT generated net cash from operating activities of $562.6 million, up from $538.0 million in the previous year, with free cash flow at $438.7 million [9] Dividend and Future Outlook - The board of directors approved a 10% increase in the quarterly dividend rate to 35.1 cents per share, payable on March 31, 2025 [10] - For 2025, ITT expects adjusted earnings in the range of $6.10-$6.50 per share, indicating a 4-11% increase from the prior year, with revenue growth projected at 2-4% [11]

Financial Data and Key Metrics Changes - Orders grew by 10% or 5% organically, resulting in an ending backlog of $1.6 billion, up 34% year over year [6][44] - Revenue increased by 11% or 7% organically, with a strong performance across all businesses [6][44] - Operating margin expanded by 80 basis points to almost 18% [6][44] - Free cash flow generated was nearly $440 million, with EPS growth of 12% following over 17% growth in 2023 [7][45] Business Line Data and Key Metrics Changes - Connect and Control Technologies (CCT) grew 9% organically, driven by defense, industrial connectors, and aerospace [10][47] - Industrial Process (IP) grew 8% organically, with high teens growth in pump projects [10][47] - Motion Technologies (MT) grew 5% organically, with friction outperforming global automotive production by 730 basis points [10][47] Market Data and Key Metrics Changes - IP projects grew 19% organically after a 31% increase in 2023 [18] - CCT's growth was supported by strong defense and industrial connected delivery, both exceeding 40% in the quarter [18] - Friction in MT outperformed global automotive production by 410 basis points [19] Company Strategy and Development Direction - The company is transforming its portfolio through the divestiture of Wolverine and acquisitions of Vanooy and Qesaria [5][43] - The M&A strategy is expected to continue driving growth, with Vanooy orders growing 26% for the full year [12][49] - The company plans to invest in strategic areas such as geopolymer brake pads and high-performance brake pads [60][61] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to drive organic growth and margin expansion, indicating a robust backlog for 2025 [25][62] - The company anticipates revenue growth of over $3.7 billion in 2025, with organic growth of 3% to 5% [26][63] - Management noted that the first quarter of 2025 is expected to be soft, with a recovery anticipated in the second half of the year [81][84] Other Important Information - The company returned more than $200 million to shareholders in 2024 [12][50] - The M&A pipeline remains active, with ongoing cultivation of relationships for future acquisitions [119] - The company is preparing for potential tariff impacts and is developing action plans to mitigate risks [141] Q&A Session Summary Question: Guidance for 2025 and Q1 impacts - Management indicated that Q1 is expected to be soft, with EPS roughly flat to 2024 due to the Wolverine divestiture and organic revenue declines of 1% to 2% driven by MT [81][82] Question: Price renegotiations in CCT - Management confirmed that price is a significant lever in CCT, with ongoing renegotiations showing positive signs for 2025 [87][88] Question: Order patterns in IP - Orders grew 12% in Q4, with projects up 25% and short cycle up 8%, indicating strong backlog and order patterns [95][96] Question: Temporary intangible amortization - Management clarified that the temporary intangible amortization will remain similar in 2025, impacting earnings growth [107][108] Question: Motion Technologies guidance - Management expects low single-digit growth in Motion Technologies, with friction projected to outperform the market by approximately 400 basis points [122][124]

For the quarter ended December 2024, ITT (ITT) reported revenue of $929 million, up 12.1% over the same period last year. EPS came in at $1.50, compared to $1.34 in the year-ago quarter.The reported revenue represents a surprise of +0.23% over the Zacks Consensus Estimate of $926.84 million. With the consensus EPS estimate being $1.47, the EPS surprise was +2.04%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectatio ...

Group 1: Earnings Performance - ITT reported quarterly earnings of $1.50 per share, exceeding the Zacks Consensus Estimate of $1.47 per share, and up from $1.34 per share a year ago, representing an earnings surprise of 2.04% [1] - The company posted revenues of $929 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.23%, compared to year-ago revenues of $829.1 million [2] - Over the last four quarters, ITT has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - ITT shares have increased approximately 4.7% since the beginning of the year, outperforming the S&P 500's gain of 3.1% [3] - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the coming quarter is $1.48 on revenues of $953.52 million, and for the current fiscal year, it is $6.48 on revenues of $3.82 billion [7] Group 3: Industry Context - The Zacks Industry Rank indicates that the Diversified Operations sector is currently in the bottom 36% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6]

Exhibit 99.1 ITT REPORTS FOURTH QUARTER EARNINGS PER SHARE (EPS) OF $1.55, ADJUSTED EPS OF $1.50; REPORTS FULL YEAR EPS OF $6.30, ADJUSTED EPS OF $5.86 Full Year Highlights: STAMFORD, Conn., February 6, 2025 – ITT Inc. (NYSE: ITT) today reported financial results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported a year-over-year revenue increase of 12%, up 6% on an organic basis, primarily driven by higher volume, pricing actions and the acquisitions ...

Wall Street analysts expect ITT (ITT) to post quarterly earnings of $1.47 per share in its upcoming report, which indicates a year-over-year increase of 9.7%. Revenues are expected to be $926.84 million, up 11.8% from the year-ago quarter.The current level reflects an upward revision of 1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company reveals ...

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for ITT, with a focus on how actual results compare to estimates, which could significantly impact stock price [1][2]. Earnings Expectations - ITT is expected to report quarterly earnings of $1.46 per share, reflecting a +9% change year-over-year, with revenues projected at $927.16 million, an increase of 11.8% from the previous year [3]. - The consensus EPS estimate has been revised 0.68% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for ITT is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.80%, indicating a bullish outlook [10]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, which increases the likelihood of a positive surprise to nearly 70% [8]. Historical Performance - In the last reported quarter, ITT exceeded the expected earnings of $1.43 per share by delivering $1.46, resulting in a surprise of +2.10% [12]. - Over the past four quarters, ITT has beaten consensus EPS estimates three times, showcasing a consistent ability to exceed expectations [13]. Conclusion - ITT is positioned as a compelling candidate for an earnings beat, but investors should consider other influencing factors beyond earnings results when making investment decisions [16].