earnings
confidence high
sentiment positive
materiality 0.85
ITT Q2 EPS $1.45/$1.49 adj; acquires kSARIA ~$475M, divests Wolverine ~$171M; maintains FY guidance
ITT INC.
2025-Q2 EPS
reported $2.80
vs consensus $1.63
▲ beat
(+72.0%)
- Q2 revenue $905.9M (+8.6% reported, +6% organic); EPS $1.45 (+10.7%), adjusted EPS $1.49 (+12%).
- Operating margin expanded 60 bps to 17.6%; adjusted operating margin 18.0%.
- Signed agreement to acquire kSARIA for ~$475M; kSARIA had ~$175M sales in 2023.
- Completed divestiture of Wolverine for ~$171M cash; reduces automotive exposure.
- Maintained FY2024 guidance: revenue growth 9-12%, EPS $5.51-$5.76, free cash flow $435-475M.