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Stock impact report

ITT Announces Preliminary 2025 First Quarter Results and Intent to Repurchase up to $500 Million of ITT Shares

ITT Inc. (ITT) 
Last itt inc. earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: itt.com/investors
Company Research Source: Business Wire
STAMFORD, Conn.--(BUSINESS WIRE)--April 10, 2025-- ITT Inc. (NYSE: ITT) today announced its preliminary unaudited financial results for the first quarter ended March 29, 2025. The Company anticipates the following:Orders of $1.0 billion, reflecting growth of 7% or 2% on an organic basis, driven by pump project and connectors awardsRevenue of more than $900 million; flat on a GAAP and organic basis, driven by strength in pumps aftermarket, connectors and rail, offset by lower aerospace demandOperating margin of 16.5% and adjusted operating margin of 17.4%, impacted by unfavorable foreign currencyEarnings per share (EPS) of $1.29 to $1.35 and adjusted EPS of $1.43 to $1.45Net cash from operating activities of $107 million to $117 million and free cash flow of $70 million to $80 millionThe company will discuss its full year outlook and further details on its first quarter financial results on an investor conference call on May 1 at 8:30 a.m. ET.As previously announced in 2023, ITT’s Show less Read more
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