ITT Reports Record $1 Billion Orders, Maintains 2025 Guidance
ITT Reports Record $1 Billion Orders, Maintains 2025 Guidance

ITT Reports Record $1 Billion Orders, Maintains 2025 Guidance

News summary

ITT Inc. reported steady first-quarter 2025 results, with adjusted earnings per share of $1.45, surpassing analyst expectations and reflecting a 2% year-over-year increase, driven by productivity and pricing actions. Revenues were flat at $913 million, as gains in the Connect & Control Technologies segment offset declines in Motion Technologies due to lower auto production. The company achieved a record $1 billion in orders for the quarter, fueled by recent acquisitions and strong performance in defense connectors and industrial processes, resulting in a 21% year-over-year backlog increase. ITT expanded its operating margin to 17.4% and generated record free cash flow of $77 million, up over 150%. Updated 2025 guidance calls for revenue growth of 2% to 4% and adjusted EPS of $6.10 to $6.50, with continued focus on operational improvements and strategic acquisitions. The company also declared a quarterly dividend and highlighted the launch of VIDAR, an innovative industrial motor targeting new market opportunities.

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