ITT (US:ITT) ZACKSยท2025-07-17 17:11Core Viewpoint - ITT is a strong candidate for investors looking for stocks that consistently beat earnings estimates and may continue this trend in the upcoming quarterly report [1]. Company Performance - ITT has a solid track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 1.37% [2]. - In the last reported quarter, ITT achieved earnings of $1.45 per share, surpassing the Zacks Consensus Estimate of $1.44 per share, resulting in a surprise of 0.69% [3]. - In the previous quarter, ITT was expected to report earnings of $1.47 per share but delivered $1.50 per share, yielding a surprise of 2.04% [3]. Earnings Estimates and Predictions - Earnings estimates for ITT have been trending upward, influenced by its history of earnings surprises [5]. - The stock has a positive Zacks Earnings ESP of +0.11%, indicating that analysts have recently become more optimistic about the company's earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a potential for another earnings beat in the upcoming report, expected on July 31, 2025 [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].