ITT Raises Full-Year Guidance on Record Q2 Revenue of $1.5B, Adjusted EPS of $2.08

summarizeSummary

ITT posted record Q2 revenue of $1.5B, up 51% YoY, with adjusted EPS of $2.08 beating estimates. Full-year adjusted EPS guidance was raised to $8.12–$8.32, reflecting strong organic growth and SPX FLOW contribution.

check_boxKey Events · Earnings and Guidance · ITT

• Record Q2 Revenue of $1.5B

  Revenue grew 51% YoY (13% organic) to $1.5 billion, driven by SPX FLOW acquisition and strength in aerospace, defense, and pump projects.

• Adjusted EPS Beats at $2.08

  Adjusted EPS of $2.08 increased 18% YoY, exceeding expectations, while GAAP EPS of $0.95 was impacted by acquisition-related amortization and costs.

• Full-Year Guidance Raised

  Adjusted EPS guidance raised to $8.12–$8.32 (up 14% at midpoint), with organic revenue growth now expected at 5–8% and free cash flow of $550–$580 million.

• SPX FLOW Integration Ahead of Plan

  SPX FLOW delivered a strong first full quarter with book-to-bill above 1.1x, contributing to 21% organic growth in Flow Technologies and margin expansion.

auto_awesomeAnalysis · ITT · Technology

ITT delivered a standout quarter with revenue surging 51% to $1.5 billion, driven by the SPX FLOW acquisition and 13% organic growth across all segments. Adjusted EPS of $2.08 beat expectations and management raised full-year adjusted EPS guidance to $8.12–$8.32, implying 14% growth at the midpoint. The strong performance and upward revision signal robust commercial momentum and successful integration of the SPX FLOW acquisition, which is already contributing to orders and margin expansion. Free cash flow guidance of $550–$580 million underscores improving cash generation. This is a thesis-affirming quarter that validates the acquisition strategy and operational execution.