ITT (US:ITT) ZACKS·2026-02-04 15:15Core Viewpoint - ITT is expected to report quarterly earnings of $1.79 per share, a 19.3% increase year-over-year, with revenues projected at $1 billion, reflecting an 8% year-over-year growth [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 0.6% in the last 30 days, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenue- Motion Technologies (MT)' at $344.02 million, a 5.5% increase from the previous year [5]. - 'Revenue- Connect & Control Technologies (CCT)' is projected at $263.90 million, indicating a 9.5% year-over-year change [5]. - 'Revenue- Industrial Process (IP)' is expected to reach $395.60 million, reflecting a 9.1% increase compared to the same quarter last year [5]. Adjusted Operating Income - 'Adjusted Operating Income- Connect & Control Technologies (CCT)' is forecasted to be $48.22 million, up from $42.10 million in the same quarter last year [6]. - 'Adjusted Operating Income- Motion Technologies (MT)' is expected to be $72.33 million, compared to $62.90 million reported in the same quarter last year [6]. - 'Adjusted Operating Income- Industrial Process (IP)' is projected at $88.13 million, an increase from $77.50 million in the same quarter last year [7]. Stock Performance - ITT shares have returned +3.3% over the past month, outperforming the Zacks S&P 500 composite, which saw a +0.9% change [7].