ITT reports Q3 adjusted EPS $1.78, consensus $1.67

Reports Q3 revenue $999M, consensus $974.26M. “Our results in Q3 are another step towards our 2030 targets shared at our Capital Markets Day in May. Once again, it was ITT‘s (ITT) differentiation that drove our share gains and continued margin expansion, furthered by our acquisitions. We generated $999 million in revenue powered by the execution of our large pump project backlog, growth in aerospace and defense and compounded by our kSARIA and Svanehoj acquisitions. Adjusted operating income grew nearly twice the rate of organic sales growth thanks to productivity actions and pricing, leading to adjusted earnings growth of over twenty percent. And most importantly, we generated nearly 50% free cash flow growth year to date, well on our way to over a half billion dollars in 2025. We enter Q4 and look ahead to 2026 with a ~$2 billion backlog, further growth opportunities in ITT’s core and ramping value creation from our acquisitions. As a result of our strong performance, we are raising our EPS guidance once again and remain confident in our ability to deliver on ITT’s long-term targets,” said ITT’s Chief Executive Officer and President Luca Savi.