ITT (US:ITT) ZACKSยท2025-07-31 14:31Core Insights - ITT reported revenue of $972.4 million for the quarter ended June 2025, reflecting a 7.3% increase year-over-year and surpassing the Zacks Consensus Estimate of $946.88 million by 2.7% [1] - Earnings per share (EPS) for the quarter was $1.64, up from $1.49 in the same quarter last year, with a surprise of 1.23% compared to the consensus estimate of $1.62 [1] Revenue Performance - Motion Technologies (MT) revenue was $365.7 million, exceeding the average estimate of $361.86 million, but showing a year-over-year decline of 4.9% [4] - Connect & Control Technologies (CCT) revenue reached $251.9 million, significantly above the average estimate of $236.64 million, marking a year-over-year increase of 31.3% [4] - Industrial Process (IP) revenue was reported at $355.9 million, slightly above the average estimate of $348.57 million, with a year-over-year growth of 7.6% [4] Adjusted Operating Income - Adjusted Operating Income for Corporate was reported at -$17.4 million, compared to the average estimate of -$16.66 million [4] - Adjusted Operating Income for Connect & Control Technologies (CCT) was $45.1 million, exceeding the average estimate of $44.06 million [4] - Adjusted Operating Income for Motion Technologies (MT) was $73.8 million, above the average estimate of $70.92 million [4] - Adjusted Operating Income for Industrial Process (IP) was $77.5 million, surpassing the average estimate of $75.69 million [4] Stock Performance - ITT shares have returned -0.4% over the past month, while the Zacks S&P 500 composite has increased by 2.7% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]