earnings
confidence high
sentiment positive
materiality 0.85
ITT Q2 EPS $1.45/$1.49 adj; revenue +9% (6% organic); acquires kSARIA ($475M) and divests Wolverine ($171M)
ITT INC.
2025-Q2 EPS
reported $2.80
vs consensus $1.63
▲ beat
(+72.0%)
- Q2 revenue $905.9M (+8.6% YoY), EPS $1.45 ($1.49 adj); operating margin 17.6% (adj 18.0%).
- Acquired kSARIA for ~$475M (close Q3 2024); fiber/electrical interconnect for defense/aerospace.
- Divested Wolverine automotive coatings for ~$171M to Center Rock Capital in July 2024.
- Dividend $0.319/share payable Sept 30, record Sept 3; guidance maintained despite $0.15 EPS hit from divestiture.
- Motion Tech +23%, CCT +25% op income growth; IP flat due to restructuring costs.