ITT Corp (ITT)

NYSE:ITT

ITT

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ITT (ITT) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 30, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

1.92

Last Year’s EPS

1.64

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 9 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 06, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed a strongly positive operational and financial quarter with broad-based revenue and orders growth, margin expansion, meaningful adjusted EPS acceleration and an early, accretive contribution from the SPX FLOW acquisition. Management provided constructive full-year guidance and a clear synergy plan while also disclosing near-term headwinds: one-time acquisition costs that depressed free cash flow, higher interest expense and tax rate from acquisition financing, integration and cadence risks (SPX FLOW margin phasing), and exposure to automotive, tariffs and geopolitical disruptions. On balance, the positive growth, margin progress and accretive M&A execution outweighed the short-term financing and integration challenges.

Company Guidance

ITT initiated 2026 guidance for adjusted EPS of $7.70–$8.00 (≈+9% at the midpoint) and total revenue growth of 37% (≈5% organic at the midpoint) with a book‑to‑bill above 1; management expects Flow Technologies/SPX FLOW to deliver high‑single‑digit revenue growth and low‑teens net adjusted EPS accretion (~$15M of SPX cost synergies in 2026 toward an $80M total target, ~1/3 to be captured in year 1). The company expects roughly +70 basis points of full‑year margin expansion to about 20% at the midpoint (Q2 margin ~+50 bps to ~20%), Q2 EPS up high‑single digits, meaningful higher interest expense from the ~$2.9B March debt, a combined tax rate of ~24.9%, an expected share count of ~90M over the next three quarters, and free cash flow around $560M (10–11% FCF margin); post‑close leverage sits at ~2.7x.

Strong top-line growth

Q1 revenue of $1.2B, up 33% year-over-year (11% organic). Orders grew 26% (8% organic) and book-to-bill was 1.09. Management reports backlog has nearly doubled over the past 3 years.

Outstanding EPS and margin expansion

Adjusted EPS in Q1 was $1.98 on the new basis, up 25% versus prior year. Consolidated operating income grew ~42% and consolidated margin expanded ~130 basis points year-over-year.

Flow Technologies / SPX FLOW initial contribution

Closed SPX FLOW acquisition on March 2. Flow Technologies (combined business) is nearly $3B in revenue. SPX FLOW contributed to a 61% revenue increase in Flow Technologies in Q1 (12% organic) and added ~17 points of growth to ITT. Management expects SPX FLOW to deliver low-teens net adjusted EPS accretion and cost synergies target of $80M (about one-third targeted in year 1) with ~$15M cost synergies expected in 2026.

Broad segment outperformance

All businesses contributed: CCT revenue +17% (aerospace & defense nearly +20%, benefit from Boeing contract renewal), Motion Technologies grew (reported +15% total / +5% organic in one commentary), and Flow Technologies revenue +61% (12% organic). Friction OE outperformed global automotive production by >1,400 basis points in Q1 and won 39 electrified platforms in the quarter.

Profitability drivers and productivity

Flow Technologies operating margin 23.7% (up 100 bps), ITT consolidated margin progressed to ~21.1% (130 bps improvement), CCT margin expanded to 19.3%. Management cited volume, productivity and price actions as key drivers.

Capital allocation and cash outlook

Deployed $100M to share repurchases in March. Excluding $71M of one-time acquisition-related expenses, free cash flow was up ~10% year-over-year. Company guides full-year free cash flow ~ $560M (approx. 10–11% FCF margin). Full-year guidance: adjusted EPS $7.70–$8.00 (midpoint +9%), total revenue growth ~37% and organic growth ~5% at midpoint, and ~70 bps margin expansion to ~20% at midpoint.

ITT (ITT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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ITT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 30, 2026	2026 (Q2)	1.92 / -	1.64	―	―	―
May 06, 2026	2026 (Q1)	1.72 / 1.98	1.45	36.55% (+0.53)
Feb 05, 2026	2025 (Q4)	1.78 / 1.85	1.5	23.33% (+0.35)
Oct 29, 2025	2025 (Q3)	1.67 / 1.78	1.46	21.92% (+0.32)
Jul 31, 2025	2025 (Q2)	1.61 / 1.64	1.49	10.07% (+0.15)
May 01, 2025	2025 (Q1)	1.44 / 1.45	1.42	2.11% (+0.03)
Feb 06, 2025	2024 (Q4)	1.47 / 1.50	1.34	11.94% (+0.16)
Oct 29, 2024	2024 (Q3)	1.44 / 1.46	1.37	6.57% (+0.09)
Aug 01, 2024	2024 (Q2)	1.46 / 1.49	1.33	12.03% (+0.16)
May 02, 2024	2024 (Q1)	1.36 / 1.42	1.17	21.37% (+0.25)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ITT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2026	$212.69	$216.63	+1.85%
Feb 05, 2026	$184.78	$201.64	+9.13%
Oct 29, 2025	$175.20	$194.70	+11.13%
Jul 31, 2025	$158.66	$168.94	+6.48%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does ITT Corp (ITT) report earnings?

ITT Corp (ITT) is schdueled to report earning on Jul 30, 2026, Before Open (Confirmed).

What is ITT Corp (ITT) earnings time?

ITT Corp (ITT) earnings time is at Jul 30, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ITT EPS forecast?

ITT EPS forecast for the fiscal quarter 2026 (Q2) is 1.92.