ITT (ITT)2025-05-01 10:31Financial 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].