ITT Inc. Reports Q3 Growth with 20% EPS Increase and Sets 2026 Financial Targets
ITT Inc. (ITT) reported strong third-quarter financial results, highlighted by a 20% year-over-year increase in earnings per share (EPS), reaching $2.26. The company saw significant momentum in its order book, with total orders growing by 58%, representing 20% organic growth. Revenue also climbed 44% during the period, driven by an 8% organic increase and a healthy book-to-bill ratio of 1.08. Looking ahead, management has provided long-term guidance, outlining a target adjusted EPS midpoint of $8.58 for the year 2026. Additionally, the company is aiming to maintain a disciplined capital structure with a target year-end leverage ratio of approximately 2.1x.
Tickers: $ITT
Topics: earnings report EPS growth order growth revenue growth