ITT

Honeywell International Inc. (HON) came out with quarterly earnings of $2.27 per share, beating the Zacks Consensus Estimate of $2.17 per share. This compares to earnings of $5.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +4.61%. A quarter ago, it was expected that this company would post earnings of $1.8 per share when it actually produced earnings of $1.95, delivering a surprise of +8.33%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Honeywell International, which belongs to the Zacks Diversified Operations industry, posted revenues of $4.99 billion for the quarter ended September 2026, missing the Zacks Consensus Estimate by 0.42%. This compares to year-ago revenues of $10.41 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Honeywell International shares have lost about 45% since the beginning of the year versus the S&P 500's gain of 13.3%. While Honeywell International has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Honeywell International was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.41 on $5.28 billion in revenues for the coming quarter and $8.27 on $20.19 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Diversified Operations is currently in the top 22% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, ITT (ITT), is yet to report results for the quarter ended September 2026. The results are expected to be released on November 4. This supplier of parts and services to a wide variety of industries is expected to post quarterly earnings of $2.07 per share in its upcoming report, which represents a year-over-year change of +16.3%. The consensus EPS estimate for the quarter has been revised 0.1% lower over the last 30 days to the current level. ITT's revenues are expected to be $1.41 billion, up 40.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Honeywell International Inc. (HON) : Free Stock Analysis Report ITT Inc. (ITT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

3M Company MMM posted third-quarter 2026 results, wherein earnings surpassed the Zacks Consensus Estimate but revenues met the same. 3M delivered adjusted earnings of $2.50 per share, which surpassed the Zacks Consensus Estimate of $2.40 by 4.2%. The bottom line increased 12% year over year. The company reported net revenues (on a GAAP basis) of $6.6 billion in the quarter. The metric increased 1% year over year. Organic sales increased 0.2%. Foreign currency translation had an adverse impact of 0.1% while acquisitions/divestitures had a positive impact of 0.9%. MMM's adjusted net revenues of $6.6 billion were in line with the consensus estimate of $6.6 billion and grew 4.2% year over year. On an adjusted basis, organic revenues increased 3.3% year over year. The results benefited from strength in general industrial, safety, semiconductor and data center end markets. Region-wise, adjusted organic sales in Latin America rose 7.7% year over year, while other Asia adjusted organic sales increased 1.3%. Adjusted organic sales in China declined 7.3% year over year. Adjusted organic sales from businesses in Europe, the Middle East and Africa grew 1%. Revenues from Safety and Industrial totaled $3.18 billion, up 9.1% year over year, driven by strength in electrical markets, personal safety, industrial adhesives, abrasives and industrial specialties. Organic revenues increased 7%, while acquisitions had a favorable impact of 3.1%. Foreign currency translation had a positive impact of 0.2%, while divestitures had an adverse impact of 1.2%. Revenues from Transportation & Electronics totaled $2 billion, reflecting a year-over-year increase of 0.4%. The results were supported by strength across semiconductor, aerospace and data center markets, partially offset by weakness in consumer electronics and automotive markets. The segment's organic sales increased 0.5%. Foreign currency translation had an adverse impact of 0.1% on revenues. Revenues from the Consumer segment decreased 0.4% year over year to $1.31 billion. Organic sales declined 0.2%, while movements in foreign currencies had a negative impact of 0.2%. The segment's performance was affected by continued retailer inventory reductions in the United States and Canada, along with softness in home improvement and packaging businesses. 3M Company price-consensus-eps-surprise-chart | 3M Company Quote 3M's cost of sales increased 0.2% year over year to $3.80 billion. Selling, general and administrative expenses increased 12.3% to $921 million. Research, development and related expenses increased 2.4% year over year to $304 million. In the third quarter, 3M reported an operating income of $1.56 billion, up 7.7% from the year-ago period. The operating margin expanded to 23.7% from 22.2%, supported by improved operational efficiency and productivity gains. MMM's adjusted operating income increased 8.9% year over year to $1.73 billion. The adjusted operating margin was 26.2% compared with 25.1% in the year-ago quarter, reflecting an expansion of 110 basis points. Exiting the third quarter of 2026, 3M had cash and cash equivalents of $4.84 billion compared with $5.24 billion at the end of December 2025. Long-term debt was $12.56 billion compared with $10.93 billion at the end of December 2025. 3M generated net cash of $486 million in operating activities, down 72.3% from $1.76 billion in the year-ago quarter. Capital used for purchasing property, plant and equipment increased 17.4% to $256 million. Adjusted free cash flow at the end of the quarter was $1.20 billion, down 8.6% year over year. In the first nine months of 2026, 3M rewarded its shareholders with dividend payouts of $1.2 billion and gross share repurchases totaling $3.2 billion. For 2026, MMM expects adjusted earnings to be in the range of $9.10-$9.15 per share compared with $8.95-$9.10 projected earlier. The midpoint of the guided range is about $9.125, which reflects an increase from adjusted earnings of $8.20 per share reported in 2025. Adjusted total revenue growth is projected to be above 4.5%, driven by adjusted organic sales growth of more than 3.5%. The company expects adjusted operating cash flow of approximately $5.9 billion, with adjusted free cash flow of approximately $4.8 billion. The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Some better-ranked stocks are discussed below. ITT Inc. ITT presently carries a Zacks Rank #2 (Buy). It has a trailing four-quarter average earnings surprise of 7.4%. The Zacks Consensus Estimate for ITT's 2026 earnings has increased 0.6% in the past 60 days. GPGI, Inc. GPGI currently carries a Zacks Rank #2. GPGI delivered a trailing four-quarter average earnings surprise of 23.8%. In the past 60 days, the Zacks Consensus Estimate for GPGI's 2026 earnings has remained steady. IDEX Corporation IEX presently carries a Zacks Rank of 2. 3M delivered a trailing four-quarter average earnings surprise of 7.7%. In the past 60 days, the consensus estimate for IEX's 2026 earnings has increased a penny. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report 3M Company (MMM) : Free Stock Analysis Report ITT Inc. (ITT) : Free Stock Analysis Report IDEX Corporation (IEX) : Free Stock Analysis Report CompoSecure, Inc. (GPGI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Earnings growth is vital for any organization, regardless of size, because sustained profitability is key to long-term survival. To calculate earnings, examine a company’s revenues over a period and subtract production costs. Earnings strongly influence share prices, with expectations playing a major role. On that note, ITT Inc. ITT, Signet Jewelers Limited SIG and Urban Outfitters, Inc. URBN are delivering impressive earnings growth and have strong upside potential. We have frequently seen stock prices decline despite earnings growth, or rally after an earnings decline. This largely results from a company’s earnings failing to meet market expectations. Earnings estimates reflect analysts’ views on factors such as sales growth, product demand, the competitive industry environment, profit margins and cost control. Consequently, earnings estimates are a valuable tool for making investment decisions. They also help analysts evaluate cash flow to determine a firm's fair value. Thus, investors should look for stocks poised for a big move. Investors should buy stocks with a history of earnings growth that are seeing a rise in quarterly and annual earnings estimates. To shortlist stocks that have striking earnings growth and positive estimate revisions, we have added the following parameters: Zacks Rank less than or equal to 2 (Only Zacks' 'Buys' and 'Strong Buys' are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off.) 5-Year Historical EPS Growth (%) greater than X-Industry (stocks with a strong EPS growth history). % Change EPS F(0)/F(-1) greater than or equal to 5 (companies that saw year-over-year earnings growth of 5% or more in the last reported fiscal) % Change Q1 Estimates over the last 4 weeks greater than zero (stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks). % Change F1 Estimates over the last 1 week greater than zero (stocks that have seen their annual earnings estimates revised higher in the last 1 week). % Change F1 Estimates over the last 4 weeks greater than zero (stocks that have seen their annual earnings estimates revised higher in the last 4 weeks). The above criteria narrowed the universe of around 7,839 stocks to only nine. Here are the top three stocks: ITT manufactures engineered components and customized technology solutions for transportation, industrial and energy markets. The company’s expected earnings growth rate for the current year is 22.8%. ITT currently has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Signet Jewelers operates diamond jewelry stores across the United States, Canada, the United Kingdom and Ireland. The company’s expected earnings growth rate for the current year is 21.9%. SIG currently has a Zacks Rank #1. Urban Outfitters offers lifestyle products and services in the United States and international markets. The company’s expected earnings growth rate for the current year is 13.2%. URBN currently has a Zacks Rank #2. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ITT Inc. (ITT) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Signet Jewelers Limited (SIG) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

ITT’s second quarter results were received positively by the market, driven by substantial year-over-year top-line growth and contributions from recent acquisitions. Management attributed the strong performance to robust organic order momentum, especially in the Connectors, Controls & Test (CCT) segment, and successful integration of SPX FLOW. CEO Luca Savi highlighted the role of large defense contracts through the kSARIA business and noted that backlog visibility has improved significantly. The Flow Technologies and Motion Technologies segments also contributed, with management pointing to market share gains in regions like China and across multiple end markets. Is now the time to buy ITT? Find out in our full research report (it’s free). Revenue: $1.47 billion vs analyst estimates of $1.39 billion (51.5% year-on-year growth, 5.9% beat) Adjusted EPS: $2.08 vs analyst estimates of $1.95 (6.9% beat) Management raised its full-year Adjusted EPS guidance to $8.22 at the midpoint, a 4.7% increase Operating Margin: 12.2%, down from 18% in the same quarter last year Organic Revenue rose 12.7% year on year Market Capitalization: $19.36 billion While we enjoy listening to the management’s commentary, our favorite part of earnings calls is the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Scott Davis (Melius Research) asked about operational excellence at SPX FLOW. CEO Luca Savi acknowledged room for improvement in embedding lean principles in daily operations and expects further productivity gains over time. Jeffrey Hammond (KeyBanc Capital Markets) inquired about demand momentum and order visibility at SPX FLOW. Savi pointed to a growing funnel of opportunities and a book-to-bill ratio above 1, indicating growing backlog across regions. Michael Halloran (Baird) questioned the visibility provided by the current order backlog and potential for longer-cycle contracts. Management explained that increased backlog offers clearer revenue visibility for upcoming quarters and years, especially in defense and infrastructure. Andrew Obin (Bank of America) asked about margin improvement guidance in the second half. Savi attributed expected gains to productivity initiatives and cost synergies in Flow Technologies, despite temporary dilution from the SPX FLOW integration. Joseph Giordano (TD Cowen) queried about cross-selling between legacy ITT and SPX FLOW products. Savi described opportunities for channel synergies, particularly by leveraging Waukesha Cherry-Burrell to distribute Bornemann pumps in the U.S. In future quarters, the StockStory team will watch (1) the pace of synergy capture and resulting margin improvement from the SPX FLOW integration, (2) order trends in key growth regions such as China and North America, and (3) the ability to offset Middle East order delays with growth in other end markets. Execution on cross-selling initiatives and progress in reducing leverage will also be important indicators of continued value creation. ITT currently trades at $216.48, up from $204.08 just before the earnings. Is the company at an inflection point that warrants a buy or sell? The answer lies in our full research report (it’s free for active Edge members). ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing it. These aren’t just high-quality businesses. Something is happening with them right now. Elite fundamentals meet near-term momentum — both boxes checked at the same time. Find out which stocks our AI platform is flagging this week. See this week’s Strong Momentum stocks — FREE. Get Our Strong Momentum Stocks for Free HERE. Stocks that have made our list include now familiar names such as Nvidia (+1,460% between June 2020 and June 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,552% between June 2020 and June 2025). Find your next big winner with StockStory today.

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. ITT stock has more than doubled over the past five years, and today investors face a split verdict. The Discounted Cash Flow (DCF) intrinsic value points to the shares trading below fair value, while earnings-based multiples suggest the stock screens as expensive, and the overall value checks are not strong. ITT has returned 128.8% over the past five years, which puts extra focus on whether the current price still offers a margin of safety. Recent enthusiasm following stronger profit performance may support higher revenue and cash flow expectations. However, any slowdown in orders or pressure on industrial demand could weigh on those assumptions and the valuation that relies on them. The stock passes only 1 of 6 valuation checks. This means the broader set of metrics leans expensive even though the DCF estimate points to about 12.7% upside. The issue now is whether ITT's current price better reflects the optimistic intrinsic value estimate or the more cautious read from the broader valuation checks. Find out why ITT's 29.7% return over the last year is lagging behind its peers. The Discounted Cash Flow (DCF) model values ITT by projecting future free cash flows and discounting them back to today. For ITT, the latest twelve month free cash flow is about $488.2 million, and the model assumes growing cash flows over time, with forecasts that reach above $1.2b toward the end of the projection period. Based on these assumptions, the DCF model suggests an intrinsic value of about $244 per share, which is roughly 12.7% above the current share price. The recent 12.3% jump after ITT’s August 2026 earnings beat helps explain why the market price has moved closer to this estimate. However, the model still points to some remaining discount. On balance, the DCF workup indicates ITT stock currently screens as undervalued relative to its projected cash flows. Our Discounted Cash Flow (DCF) analysis suggests ITT is undervalued by 12.7%. Track this in your watchlist or portfolio, or discover 51 more high quality undervalued stocks. Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for ITT. P/E is usually a good starting point for ITT because earnings are a core focus for many industrial investors. On this metric, ITT currently trades on about 45.2x earnings, which is well above the Machinery industry average of 28.4x. It also screens richer than the peer group average of 34.9x, so the stock is not pricing in line with many similar companies. The tailored fair P/E ratio for ITT is about 33.4x. That is meaningfully lower than the current 45.2x, which implies the market is assigning a premium that goes beyond what this model suggests based on factors such as size, margins and risk profile. The recent share price reaction around the August 2026 earnings beat may have helped push the multiple to a level where expectations are already demanding. Overall, ITT stock appears expensive on a P/E basis compared with both its industry and the fair multiple estimate. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives for ITT pick up where the valuation puzzle leaves off and set out the specific growth, margin and earnings paths that would make the stock worth materially more or less than today's price on the Community page. Instead of giving a single figure from a model or ratio, they outline the future that figure relies on so you can track how ITT's actual progress compares with those assumptions over time. The community is split on ITT, with one camp seeing solid business momentum and another focused on how much execution risk is already priced in. Bull case: 15% undervalued Read the full Bull Case to see why ITT could be undervalued Bear case: 7% overvalued Read the full Bear Case to see why ITT could be overvalued Do you think there's more to the story for ITT? Head over to our Community to see what others are saying! ITT sits in a genuine valuation tug of war. The Discounted Cash Flow (DCF) work suggests some intrinsic value upside, yet the current P/E and broader checks point to an overvalued stock on earnings and peer comparisons. That gap reflects a market that is willing to pay up today based on strong growth and margin expectations, while the intrinsic value view leans more on future cash generation and capital needs. The key question from here is whether ITT can sustain the growth, margins and order quality needed to keep that richer multiple intact, or whether expectations cool and the market leans back toward the more cautious signals. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ITT. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

ITT Inc. reported past second-quarter 2026 results with sales rising to US$1,473.1 million from US$972.4 million a year earlier, while net income fell to US$84.9 million and diluted EPS from continuing operations decreased to US$0.95; the company also affirmed a quarterly dividend of US$0.386 per share and raised full‑year 2026 EPS and operating margin guidance. An interesting twist is that ITT’s record revenue momentum and upgraded outlook came alongside lower reported earnings, reflecting acquisition-related impacts even as management anticipates stronger adjusted profitability and integration benefits ahead. We’ll now explore how ITT’s raised 2026 earnings guidance, despite lower reported EPS, may reshape the company’s broader investment narrative. Invest in the nuclear renaissance through our list of 89 elite nuclear energy infrastructure plays powering the global AI revolution. To own ITT, you need to believe in its ability to turn record sales and large project backlogs into sustainable, higher quality earnings despite near term acquisition drag. The key short term catalyst is whether integration of SPX FLOW and other deals supports margins in line with the upgraded 2026 EPS guidance, while the biggest risk remains that project heavy revenue and M&A costs introduce more earnings volatility. This quarter’s results do not materially alter that risk reward balance. The raised 2026 EPS and operating margin guidance sits at the heart of this earnings story, because it connects today’s weaker reported EPS with management’s expectations for stronger adjusted profitability as integration progresses. Against a backdrop of rising project exposure and complex acquisitions like SPX FLOW, the higher guidance matters more for the near term narrative than the reaffirmed dividend, since it directly ties to whether ITT can offset mix, cost and execution pressures. Yet despite higher guidance, investors should be aware that project delays or cancellations could still quickly change the picture if... Read the full narrative on ITT (it's free!) ITT's narrative projects $6.5 billion revenue and $898.9 million earnings by 2029. This requires 11.2% yearly revenue growth and a $477.3 million earnings increase from $421.6 million today. Uncover how ITT's forecasts yield a $252.08 fair value, a 18% upside to its current price. Some of the most optimistic analysts were assuming ITT could reach about US$6.7 billion of revenue and US$1.0 billion of earnings, which contrasts sharply with today’s mixed headline results and highlights how differently you and other shareholders might view risks like SPX FLOW integration setbacks or order lumpiness as new data emerges. Explore 2 other fair value estimates on ITT - why the stock might be worth as much as 18% more than the current price! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your ITT research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision. Our free ITT research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate ITT's overall financial health at a glance. Right now could be the best entry point. These picks are fresh from our daily scans. Don't delay: Find 52 companies with promising cash flow potential yet trading below their fair value. We've uncovered the 8 dividend fortresses yielding 5%+ that don't just survive market storms, but thrive in them. Capitalize on the AI infrastructure supercycle with our selection of the 56 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ITT. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Interested in ITT Inc.? Here are five stocks we like better. Record second-quarter performance: ITT reported 51% revenue growth, 18% adjusted EPS growth to $2.08 and 13% organic growth in both orders and revenue. CCT led results, supported by strong defense and aerospace demand, while Flow Technologies delivered 21% organic growth. Raised 2026 outlook: The company increased its organic revenue growth forecast to 5%–8%, adjusted EPS guidance to a midpoint of $8.22 and free cash flow guidance to $565 million. Adjusted operating margin is expected to reach approximately 20.5% at the midpoint. Integration and balance-sheet progress: ITT paid down $124 million of debt, reducing leverage to 2.5%, and expects further improvement through SPX FLOW synergies. Management anticipates sequential margin gains in Flow Technologies, although delayed Middle East orders could weigh on future regional growth. Industrial Tech Crossovers: When Manufacturing Meets Innovation ITT (NYSE:ITT) reported record second-quarter results for 2026, citing organic growth across its portfolio, contributions from acquisitions and continued margin expansion. The company raised its full-year outlook for organic revenue, adjusted earnings per share and free cash flow after reporting 51% revenue growth and 18% adjusted EPS growth for the quarter ended July 4. Chief Executive Officer and President Luca Savi said ITT grew orders 53% from a year earlier, including 13% organic growth, while revenue rose 51%, also including 13% organic growth. The company reported a quarterly book-to-bill ratio of 1.1x, adjusted EPS of $2.08 and year-to-date free cash flow of $176 million. → Sandisk Just Delivered a Blowout Quarter—Here's Why the Stock Is Falling 16 Top Robotics Companies to Get to Know in 2023 “Our ITTers delivered strong performance across the portfolio through flawless execution and the realization of benefits from our acquisitions,” Savi said during the company’s earnings call. Connect & Control Technologies, or CCT, was a major contributor to the quarter. Organic orders increased 59%, driven in part by large defense awards at kSARIA. Savi said kSARIA’s orders increased 168% during the quarter, reflecting multiyear bookings for advanced night-vision applications and fighter-jet programs. CCT also recorded organic revenue growth of 17%, supported by commercial aerospace, defense and industrial connectors. → 4 Oil and Gas ETF Plays as Prices Stay Sky-High Commercial aerospace revenue rose 14%, while defense revenue increased 16%. kSARIA revenue grew 28%, and industrial connectors revenue rose 24%, led by Europe and Asia, according to management. CCT ended the quarter with a 1.4x book-to-bill ratio and an operating margin of 21.7%, up 100 basis points year over year. Motion Technologies reported revenue growth of 6%, including 2% organic growth, led by friction aftermarket demand, performance above global vehicle-production levels and strength in China Rail. KONI orders grew 9%, supported primarily by China Rail and defense demand. The segment’s operating margin rose 90 basis points to 21.1%, which Interim Chief Financial Officer Mike Savinelli attributed to net productivity. → No Hangover: Revisiting Microsoft One Week After Earnings Flow Technologies recorded 123% total revenue growth and 21% organic growth. Management said legacy Flow revenue benefited from higher pump-project shipments in marine energy transition, oil and gas markets, as well as 19% valve growth tied to biopharma demand. The segment’s total operating margin was 21.4%, down 160 basis points due to the full-quarter impact of SPX FLOW, which ITT acquired on March 2. Excluding SPX FLOW, Flow Technologies expanded margins by 70 basis points, according to Savi. Management expects the segment’s margins to improve through the rest of 2026 as it realizes integration cost synergies and executes other productivity measures. SPX FLOW reported 9% order growth in the second quarter compared with its prior-year results and 5% revenue growth. Year-to-date revenue rose 9%, which management said was in line with its full-year expectation for high-single-digit growth. SPX FLOW’s second-quarter book-to-bill ratio was 1.13x. Savi said demand was particularly strong in mixers, where orders rose 23% across North America and China. Waukesha Cherry-Burrell orders increased 10%, while Nutrition and Health orders rose 8%, supported by European systems orders. He said the opportunity funnel was growing in North America and Europe. During the question-and-answer session, Savi described SPX FLOW’s manufacturing sites as generally well-run with capable teams, but said ITT sees opportunities to further embed lean practices at the production-cell level and improve material flow. He also cited potential revenue synergies, including selling SPX FLOW valves and mixers to biopharma customers served by ITT’s Lancaster valve operation. Management also highlighted the potential for Waukesha Cherry-Burrell’s hygienic distribution channels to support sales of Bornemann hygienic pumps in the U.S. Beyond SPX FLOW, Savi said the company’s prior acquisitions of Svanehøj and kSARIA continued to contribute to growth. He said Svanehøj is expected to generate average annual revenue growth of 32% from its acquisition through the end of 2026, while kSARIA is projected to increase backlog 180% from acquisition through the end of 2026. ITT paid down $124 million of debt in the second quarter, reducing its leverage ratio to 2.5x, six months earlier than its original commitment, according to Savi. The company is targeting leverage of approximately 2.3x by year-end. Year-to-date free cash flow of $176 million included $71 million of one-time acquisition-related expenses. Excluding those expenses, free cash flow increased 15% year over year, Savinelli said. Second-quarter free cash flow margin was 11%. The company raised its full-year organic revenue growth outlook to a range of 5% to 8%. Savinelli said the increase reflects stronger CCT bookings, continued strength in Flow Technologies projects and short-cycle demand, friction original-equipment outperformance and better-than-expected operational performance. Adjusted operating margin is expected to expand by more than 100 basis points, to approximately 20.5% at the midpoint. Adjusted EPS guidance was raised to $8.22 at the midpoint, a $0.37 increase from the prior midpoint and representing 14% growth. Free cash flow guidance was raised to a midpoint of $565 million, with a projected free cash flow margin of 10% to 11%. Savinelli said the revised outlook does not include additional net benefits from tariff refunds beyond the $500,000 impact recorded in the second quarter. Management described the tariff-refund impact in the quarter as immaterial. Looking ahead, Savi said the company expects CCT revenue and margins in the second half to remain broadly consistent with second-quarter levels. He said Motion Technologies faces normal second-half seasonality but is expected to sustain stable margins, while Flow Technologies is expected to show sequential margin improvement from SPX FLOW synergies. Management noted that delayed orders in the Middle East could affect regional growth in coming quarters, despite strong first-half revenue from previously won backlog. Savi said the company has begun to see some orders move to engineering, procurement and construction firms and that its Middle East opportunity funnel increased year over year. ITT Inc is a diversified industrial manufacturing company that designs, manufactures and services mission-critical components and systems for global markets. Its engineered solutions support applications in aerospace, defense, transportation, energy and industrial automation. The company focuses on delivering high-performance products that enable reliable fluid handling, precision motion control and robust connectivity in demanding environments. The company's operations are organized into three segments: Motion Technologies, which provides precision components and aftermarket repair services for aircraft engines and industrial turbines; Connect & Control Technologies, which offers specialty valves, couplings, seals and proximity sensors for fuel, hydraulics and environmental control systems; and Fluid & Motion Control, which delivers pumps, heat exchangers and fluid management solutions for oil and gas, chemical processing and power generation. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "ITT Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

ITT Inc.’s ITT second-quarter 2026 adjusted earnings of $2.08 per share surpassed the Zacks Consensus Estimate of $1.93. The bottom line jumped 18.2% year over year, aided by strong segment operating income and solid commercial and operational performance.Total revenues of $1.47 billion beat the consensus estimate of $1.39 billion. The top line increased 51.5% year over year. Organic sales rose 12.7% year over year, driven by strength in aerospace and defense, connectors, pump projects and continued outperformance in Friction aftermarket. In the first quarter of 2026, the company combined the Industrial Process segment with its SPX FLOW business to form the Flow Technologies segment.Revenues from the Flow Technologies segment totaled $792.5 million, up 122.7% year over year. The increase primarily reflected the first full quarter of contributions from the SPX FLOW acquisition, along with strength in pump projects and valves. Our estimate was $718.7 million. Organic sales increased 20.7% and adjusted operating income grew 107.8% on a year-over-year basis.Revenues from the Motion Technologies segment amounted to $403.6 million, implying a year-over-year increase of 5.6%. The higher sales were attributable to increased volumes from market share gains and favorable foreign currency impacts, partly offset by pricing. Our estimate was $278.6 million. Organic revenues increased 1.6% year over year. Adjusted operating income increased 10%.Revenues from the Connect & Control Technologies segment of $295.7 million rose 17.4% year over year on a reported basis and 17.3% organically. Our estimate was $271.5 million. The results were driven by wins in defense and industrial connectors and aerospace components, along with favorable pricing actions. Adjusted operating income increased 23% year over year. ITT Inc. price-consensus-eps-surprise-chart | ITT Inc. Quote ITT’s cost of revenues increased 54.9% year over year to $963 million. The gross profit jumped 45.4% to $510.1 million.General and administrative expenses increased 68.3% year over year to $143.9 million. Sales and marketing expenses rose 70.2% to $87.5 million. Research and development expenses increased 31.6% year over year to $35.8 million.Adjusted operating income rose 54.9% year over year to $295.2 million. The margin expanded 40 basis points to 20%. Exiting the second quarter, ITT had cash and cash equivalents of $590.8 million compared with $1.74 billion at the end of fourth-quarter 2025. The company’s short-term borrowings were $858.4 million compared with $261.3 million at the end of December 2025.In the first six months of 2026, ITT generated net cash of $231.1 million from operating activities compared with $267.1 million in the year-ago period. Capital expenditure totaled $55.2 million in the same period, up 3.8% year over year. Free cash flow was $176 million compared with $214 million in the prior-year period.During the first six months of the year, ITT paid out dividends of $69.5 million, up 23.7% year over year. It repurchased shares worth $104.9 million in the period. For 2026, ITT raised its adjusted earnings guidance to $8.12-$8.32 per share from $7.70-$8.00 previously expected. The company also increased its revenue growth forecast to 38-41% from 36-38%, with organic growth now expected at 5-8% compared with 4-6% earlier. Adjusted operating margin guidance was raised to 20-20.9% from 19.7-20.6% anticipated before. Free cash flow is now projected at $550-$580 million, indicating a free cash flow margin of 10-11%. The company currently carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Carlisle Companies Incorporated CSL reported second-quarter 2026 adjusted earnings of $7.03 per share, which beat the Zacks Consensus Estimate of $6.43 by 9.3%. The bottom line increased 12% year over year. Revenues rose 8% year over year to a record $1.57 billion and surpassed the consensus estimate of $1.47 billion. 3M Company MMM reported second-quarter 2026 adjusted earnings of $2.40 per share, which surpassed the Zacks Consensus Estimate of $2.27 by 5.7%. The bottom line increased 11% year over year.MMM’s adjusted net revenues of $6.5 billion topped the consensus estimate of $6.4 billion and grew 5.5%. On an adjusted basis, organic revenues increased 5.4% year over year. Graco Inc. GGG reported second-quarter 2026 adjusted earnings of 91 cents per share, up 17% from 78 cents in the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate of 81 cents by 12.4%.The company’s net sales rose 3% year over year to $590.6 million but lagged the consensus estimate of $609 million by 3%. Organic order backlog (excluding acquisitions) rose 28% from the end of 2025. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ITT Inc. (ITT) : Free Stock Analysis Report 3M Company (MMM) : Free Stock Analysis Report Graco Inc. (GGG) : Free Stock Analysis Report Carlisle Companies Incorporated (CSL) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

For the quarter ended June 2026, ITT (ITT) reported revenue of $1.47 billion, up 51.5% over the same period last year. EPS came in at $2.08, compared to $1.64 in the year-ago quarter. The reported revenue represents a surprise of +5.77% over the Zacks Consensus Estimate of $1.39 billion. With the consensus EPS estimate being $1.93, the EPS surprise was +7.77%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how ITT performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Flow Technologies (FT): $792.5 million versus $728.51 million estimated by three analysts on average. Revenue- Intersegment eliminations: $-1.1 million versus $-1.17 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a 0% change. Revenue- Connect & Control Technologies (CCT): $295.7 million versus the three-analyst average estimate of $272.81 million. The reported number represents a year-over-year change of +17.4%. Revenue- Motion Technologies (MT): $386 million versus $394.06 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +5.6% change. Adjusted Operating Income- Flow Technologies (FT): $170 million versus the three-analyst average estimate of $144.81 million. Adjusted Operating Income- Connect & Control Technologies (CCT): $64.2 million compared to the $60.14 million average estimate based on three analysts. Adjusted Operating Income- Motion Technologies (MT): $81.4 million versus the three-analyst average estimate of $82.08 million. Adjusted Operating Income- Corporate: $-20.4 million versus the three-analyst average estimate of $-22.18 million. View all Key Company Metrics for ITT here>>> Shares of ITT have returned +10.1% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ITT Inc. (ITT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

ITT (ITT) came out with quarterly earnings of $2.08 per share, beating the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $1.64 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.77%. A quarter ago, it was expected that this supplier of parts and services to a wide variety of industries would post earnings of $1.77 per share when it actually produced earnings of $1.98, delivering a surprise of +11.86%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. ITT, which belongs to the Zacks Diversified Operations industry, posted revenues of $1.47 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 5.77%. This compares to year-ago revenues of $972.4 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. ITT shares have added about 17.6% since the beginning of the year versus the S&P 500's gain of 12.8%. While ITT has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for ITT was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.96 on $1.39 billion in revenues for the coming quarter and $7.89 on $5.38 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Diversified Operations is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Star Equity Holdings (STRR), another stock in the same industry, has yet to report results for the quarter ended June 2026. This staffing company is expected to post quarterly loss of $0.07 per share in its upcoming report, which represents a year-over-year change of -158.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Star Equity Holdings' revenues are expected to be $56.9 million, up 60.1% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ITT Inc. (ITT) : Free Stock Analysis Report Star Equity Holdings, Inc. (STRR) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

This article first appeared on GuruFocus. Revenue: Record $1.5 billion in Q2, up 51% total and 13% organically year-over-year. Adjusted EPS: $2.08, up 18% year-over-year. Operating Margin: Expanded 40 basis points year-over-year. Free Cash Flow: $176 million year-to-date; Q2 free cash flow margin of 11%. Orders: Grew 53% total, 13% organically, with a book-to-bill of 1.1. CCT Revenue: Grew 17% organically, with a book-to-bill of 1.4. Motion Technologies Revenue: Increased 6% total, 2% organically. Flow Technologies Revenue: Up 21% organically, 123% total. SPX FLOW Revenue: Grew 5% in Q2 and 9% year-to-date. CCT Operating Margin: 21.7%, up 100 basis points year-over-year. Motion Technologies Operating Margin: 21.1%, up 90 basis points. Flow Technologies Operating Margin: 21.4%, down 160 basis points due to SPX FLOW dilution. 2026 Guidance: Raised organic revenue growth to 5%-8%; adjusted EPS raised to $8.22 at midpoint; free cash flow guidance raised to $565 million at midpoint. Warning! GuruFocus has detected 4 Warning Signs with OCGN. Is ITT fairly valued? Test your thesis with our free DCF calculator. Release Date: August 06, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. ITT Inc (NYSE:ITT) delivered a record quarter with revenue up 51% total and 13% organically, alongside a 53% increase in orders and a book-to-bill of 1.1. The company raised its full-year 2026 adjusted EPS guidance to $8.22 at the midpoint, a $0.37 increase, with the low end of the range exceeding the prior high end. CCT segment orders surged 59% organically, driven by kSARIA's 168% order growth and record bookings in July, providing strong multiyear visibility. Flow Technologies delivered 21% organic revenue growth, with pump project sales up 45% and valves up 19%, while Svanehj is projected to grow revenue 32% annually on average since acquisition. ITT Inc (NYSE:ITT) paid down $124 million in debt in Q2, achieving a leverage ratio of 2.5x six months ahead of schedule, and expects to reach approximately 2.3x by year-end. SPX FLOW integration is progressing well, with orders up 9% in Q2 and a book-to-bill of 1.13, while cost synergies are ahead of plan. The company raised its full-year free cash flow guidance to $565 million at the midpoint, reflecting strong operational performance and a Q2 free cash flow margin of 11%. Organic orders in Flow Technologies declined 3% year-over-year due to deferred orders in the Middle East and tough comparisons from large oil and gas orders in the prior year. Flow Technologies operating margin declined 160 basis points to 21.4% due to the full quarter impact of SPX FLOW, which diluted overall margins. Motion Technologies faces ongoing cost inflation pressures, with price recovery not fully offsetting input cost increases, though the company expects to be price/cost positive overall. The Middle East orders delay is expected to impact regional growth in the coming quarters, despite strong first-half revenue from backlog delivery. Year-to-date free cash flow of $176 million was impacted by $71 million in one-time acquisition-related expenses, reducing overall cash generation. The company noted that Q4 2026 will have four fewer days than Q4 2025, creating a headwind to year-over-year organic growth comparisons in the second half. SPX FLOW's margin contribution is expected to be a drag in the near term, with the company relying on cost synergies and productivity actions to expand margins sequentially through the remainder of 2026. Q: Can you provide more detail on the underlying demand momentum in SPX FLOW, what's driving order growth, and any early wins around synergies? You also mentioned the funnel of opportunities is expanding.A: Luca Savi, CEO and President: SPX FLOW delivered strong performance with Q2 orders up 9% and year-to-date orders up 7%, resulting in a book-to-bill of 1.13. We are seeing a good recovery in chemicals, particularly with mixers, and strong performance in Waukesha Cherry-Burrell with 10% order growth. The funnel of opportunities is growing geographically across both North America and Europe, and we are building backlog for the medium term. Q: The CCT orders were eye-popping, and you mentioned a record July. Can you spike out underlying demand versus lumpiness?A: Luca Savi, CEO and President: CCT's performance was outstanding, with everything up across the portfolio. While kSARIA's orders can be lumpy, they were up 46% year-to-date, driven by market tailwinds and significant market share gains. We have rewon programs with long-term visibility into 2028 and beyond. Our backlog for Q3, Q4, and Q1 of next year is considerably higher than it was at the same time last year, providing great short-term and long-term visibility. Q: Can you help with the back-half cadencing for earnings and revenue, and how orders are tracking in terms of timeline and conversion?A: Michael Savinelli, Interim CFO: We had a significant step-up in Q2 and expect to remain at that elevated level for the second half. For Motion Tech, we expect seasonality with stable margins. CCT should see consistent revenue and margins similar to Q2, while Flow Technologies' margin should expand from synergies. Luca Savi, CEO and President: We have great visibility across the portfolio. CCT has incredible order performance with long-term programs, Flow Technologies has a strong book-to-bill (Svanehj at 1.3), and SPX FLOW is building backlog with a 1.13 book-to-bill. Motion Technologies is winning awards that will feed future market share gains. Q: What is the state of the union on legacy Flow assets, specifically regional dynamics in the Middle East and project outlays?A: Luca Savi, CEO and President: Our Middle East business has grown incredibly well in the first half due to delivering a huge backlog, but orders have been delayed, which will impact regional growth in the coming quarters. However, we are seeing some orders move to EPCs. Habonim had an incredible performance with orders up 18% and revenue up 19%. The overall funnel is up 34% year-over-year, with North America and Latin America funnels growing, while Europe and Asia Pacific funnels are down slightly. Q: Where do you see the most opportunity in the portfolio for market share gains over the medium term?A: Luca Savi, CEO and President: We are winning share across the board, from KONI rail to China with CRRC and Chinese OEMs. We are also gaining share in Flow Technologies with 21% organic revenue growth, driven by project management. The most significant opportunities remain in Flow Technologies and CCT, where we can grow faster and more profitably. Q: Can you discuss the commercial and pricing opportunities within SPX FLOW, specifically on the Nutrition & Health side?A: Luca Savi, CEO and President: We see opportunities in decentralizing decision-making and investing more in local engineering and R&D, particularly in China, which has driven success in our other businesses. We are also working on revenue synergies, especially in Latin America for mixers, and preparing for opportunities in the Middle East with mixers and Bran+Luebbe pumps. The team is skilled at value-based pricing, as seen in recent bid reviews for large projects in Europe. Q: What is the opportunity to pull SPX FLOW products into the biopharma market where you've been winning with legacy valves?A: Luca Savi, CEO and President: We have excellent penetration in biopharma with our Lancaster plant and proprietary EnviZion technology. This is a market where we can expand using some of SPX FLOW's brands and mixers. These conversations are happening, and the sales synergies may be larger than we originally estimated during due diligence. Q: Can you parse out how much of SPX FLOW's growth is volume versus price, and how you're thinking about price contributing to organic growth overall?A: Luca Savi, CEO and President: SPX FLOW's growth is mainly volume with a little price. For our legacy short-cycle orders in Flow Technologies, they were up 5% in the quarter, with 4% from volume and 1% from price. We need to be more surgical with pricing, but our price/cost equation remains positive for Flow Technologies for the full year. Q: Given the strong order growth at kSARIA, how are you thinking about capacity and the ability to ramp up to deliver?A: Luca Savi, CEO and President: We do not see any capacity constraints at kSARIA. In fact, the acquisition of Aerospace Contacts was made to secure supply of critical high-precision contacts and enhance supply chain resilience to support continued growth with our defense and aerospace customers. kSARIA's pro forma revenue was up 28% in Q2, demonstrating strong execution. Q: The margin guide was raised, but Q2 came in slightly short of expectations. Can you comment on the margin dynamics?A: Luca Savi, CEO and President: Motion Technologies delivered a 21.1% margin, up 90 basis points, and we are working to consolidate that level. CCT's 21.7% margin is a record, even with kSARIA dilution; without it, the margin would be over 23%. The higher-than-expected dilution was in Flow Technologies due to SPX FLOW. However, as we move forward, margins will improve as productivity ramps up and cost synergies from the acquisition take effect. Q: The implied second-half organic growth seems conservative given the strong first half. Any commentary?A: Luca Savi, CEO and President: We are raising full-year growth, but there are a few dynamics to consider. We face tougher year-over For the complete transcript of the earnings call, please refer to the full earnings call transcript.