Financial Data and Key Metrics Changes - Orders grew by 10% or 5% organically, resulting in an ending backlog of $1.6 billion, up 34% year over year [6][44] - Revenue increased by 11% or 7% organically, with a strong performance across all businesses [6][44] - Operating margin expanded by 80 basis points to almost 18% [6][44] - Free cash flow generated was nearly $440 million, with EPS growth of 12% following over 17% growth in 2023 [7][45] Business Line Data and Key Metrics Changes - Connect and Control Technologies (CCT) grew 9% organically, driven by defense, industrial connectors, and aerospace [10][47] - Industrial Process (IP) grew 8% organically, with high teens growth in pump projects [10][47] - Motion Technologies (MT) grew 5% organically, with friction outperforming global automotive production by 730 basis points [10][47] Market Data and Key Metrics Changes - IP projects grew 19% organically after a 31% increase in 2023 [18] - CCT's growth was supported by strong defense and industrial connected delivery, both exceeding 40% in the quarter [18] - Friction in MT outperformed global automotive production by 410 basis points [19] Company Strategy and Development Direction - The company is transforming its portfolio through the divestiture of Wolverine and acquisitions of Vanooy and Qesaria [5][43] - The M&A strategy is expected to continue driving growth, with Vanooy orders growing 26% for the full year [12][49] - The company plans to invest in strategic areas such as geopolymer brake pads and high-performance brake pads [60][61] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to drive organic growth and margin expansion, indicating a robust backlog for 2025 [25][62] - The company anticipates revenue growth of over $3.7 billion in 2025, with organic growth of 3% to 5% [26][63] - Management noted that the first quarter of 2025 is expected to be soft, with a recovery anticipated in the second half of the year [81][84] Other Important Information - The company returned more than $200 million to shareholders in 2024 [12][50] - The M&A pipeline remains active, with ongoing cultivation of relationships for future acquisitions [119] - The company is preparing for potential tariff impacts and is developing action plans to mitigate risks [141] Q&A Session Summary Question: Guidance for 2025 and Q1 impacts - Management indicated that Q1 is expected to be soft, with EPS roughly flat to 2024 due to the Wolverine divestiture and organic revenue declines of 1% to 2% driven by MT [81][82] Question: Price renegotiations in CCT - Management confirmed that price is a significant lever in CCT, with ongoing renegotiations showing positive signs for 2025 [87][88] Question: Order patterns in IP - Orders grew 12% in Q4, with projects up 25% and short cycle up 8%, indicating strong backlog and order patterns [95][96] Question: Temporary intangible amortization - Management clarified that the temporary intangible amortization will remain similar in 2025, impacting earnings growth [107][108] Question: Motion Technologies guidance - Management expects low single-digit growth in Motion Technologies, with friction projected to outperform the market by approximately 400 basis points [122][124]

Group 1 - ITT reported revenue of $929 million for the quarter ended December 2024, reflecting a 12.1% increase year-over-year and a surprise of +0.23% over the Zacks Consensus Estimate of $926.84 million [1] - Earnings per share (EPS) for the quarter was $1.50, compared to $1.34 in the same quarter last year, resulting in an EPS surprise of +2.04% against the consensus estimate of $1.47 [1] - ITT's stock has returned +4.6% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change, and currently holds a Zacks Rank 3 (Hold) [3] Group 2 - Motion Technologies (MT) revenue was reported at $326 million, which is -10.6% year-over-year and below the average estimate of $353.21 million [4] - Connect & Control Technologies (CCT) revenue reached $241 million, exceeding the average estimate of $222.69 million, marking a +37.2% year-over-year increase [4] - Industrial Process (IP) revenue was $362.60 million, surpassing the average estimate of $353.10 million, with a +25.2% change compared to the previous year [4] Group 3 - Adjusted Operating Income for Corporate was reported at -$19.70 million, worse than the average estimate of -$14.22 million [4] - Adjusted Operating Income for Connect & Control Technologies (CCT) was $42.10 million, exceeding the average estimate of $38.53 million [4] - Adjusted Operating Income for Motion Technologies (MT) was $62.90 million, below the average estimate of $66.44 million, while Industrial Process (IP) reported $77.50 million, above the average estimate of $72.21 million [4]

Group 1: Earnings Performance - ITT reported quarterly earnings of $1.50 per share, exceeding the Zacks Consensus Estimate of $1.47 per share, and up from $1.34 per share a year ago, representing an earnings surprise of 2.04% [1] - The company posted revenues of $929 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.23%, compared to year-ago revenues of $829.1 million [2] - Over the last four quarters, ITT has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - ITT shares have increased approximately 4.7% since the beginning of the year, outperforming the S&P 500's gain of 3.1% [3] - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the coming quarter is $1.48 on revenues of $953.52 million, and for the current fiscal year, it is $6.48 on revenues of $3.82 billion [7] Group 3: Industry Context - The Zacks Industry Rank indicates that the Diversified Operations sector is currently in the bottom 36% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5][6]

Exhibit 99.1 ITT REPORTS FOURTH QUARTER EARNINGS PER SHARE (EPS) OF $1.55, ADJUSTED EPS OF $1.50; REPORTS FULL YEAR EPS OF $6.30, ADJUSTED EPS OF $5.86 Full Year Highlights: STAMFORD, Conn., February 6, 2025 – ITT Inc. (NYSE: ITT) today reported financial results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported a year-over-year revenue increase of 12%, up 6% on an organic basis, primarily driven by higher volume, pricing actions and the acquisitions ...

Wall Street analysts expect ITT (ITT) to post quarterly earnings of $1.47 per share in its upcoming report, which indicates a year-over-year increase of 9.7%. Revenues are expected to be $926.84 million, up 11.8% from the year-ago quarter.The current level reflects an upward revision of 1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company reveals ...

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for ITT, with a focus on how actual results compare to estimates, which could significantly impact stock price [1][2]. Earnings Expectations - ITT is expected to report quarterly earnings of $1.46 per share, reflecting a +9% change year-over-year, with revenues projected at $927.16 million, an increase of 11.8% from the previous year [3]. - The consensus EPS estimate has been revised 0.68% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for ITT is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.80%, indicating a bullish outlook [10]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, which increases the likelihood of a positive surprise to nearly 70% [8]. Historical Performance - In the last reported quarter, ITT exceeded the expected earnings of $1.43 per share by delivering $1.46, resulting in a surprise of +2.10% [12]. - Over the past four quarters, ITT has beaten consensus EPS estimates three times, showcasing a consistent ability to exceed expectations [13]. Conclusion - ITT is positioned as a compelling candidate for an earnings beat, but investors should consider other influencing factors beyond earnings results when making investment decisions [16].

ITT Inc. (ITT) is poised to gain from strength across its segments. Strength across all short-cycle product categories, driven by growth in pump projects and Habonim valves business, is aiding the Industrial Process (IP) segment. Solid momentum in the general industrial end market bodes well for the segment’s aftermarket business. Growth in component and connector sales within the aerospace and defense markets is driving the Connect and Control Technologies (CCT) segment. Also, the acquisitions of kSARIA an ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? ITT (ITT) , which belongs to the Zacks Diversified Operations industry, could be a great candidate to consider.When looking at the last two reports, this supplier of parts and services to a wide variety of industries has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 2.08%, on average, in the last two qua ...

It’s difficult to fault ITT Inc.’s (NYSE: ITT ) execution over the last couple of years, as the company has skillfully navigated challenging conditions in many short-cycle markets and inconsistent volumes in autos to deliver above-peer revenue growth forAnalyst’s Disclosure: I/we have a beneficial long position in the shares of ITT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than f ...

ITT Inc. (ITT) is well-poised for growth in the coming quarters, courtesy of strength across its segments and strong operational execution. The company's efforts to reward its shareholders handsomely add to its appeal.Based in New York, ITT is a global leader in multiple high-technology engineering and manufacturing industries. It engages in the design, manufacture and sale of a wide range of engineered products and services.ITT currently carries a Zacks Rank #3 (Hold). In the past year, the stock has gaine ...