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ITT Reports 44% Revenue Growth and $2.26 Adjusted EPS
ITT reported third-quarter 2026 revenue of $1.44 billion, up 44% year over year, and adjusted diluted earnings per share of $2.26, up 20%. Net income was $124.5 million, and the company raised its full-year adjusted earnings-per-share guidance to $8.54–$8.62.
Published:
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What happened
ITT reported third-quarter 2026 revenue of $1.44 billion, up 44% year over year, and adjusted diluted earnings per share of $2.26, up 20%. Net income was $124.5 million, and the company raised its full-year adjusted earnings-per-share guidance to $8.54–$8.62.
Confirmed
Global impact / market context
The higher full-year earnings forecast signals management expects stronger adjusted profit than previously projected. Revenue growth, increased orders and reported cost synergies could support future sales and lower costs, while the gap between adjusted and reported earnings highlights that the measures tell different stories.
Analyst inference
Revenue rose 44% overall, but organic growth, which excludes effects such as acquisitions, was 7.6%; the figures indicate reported growth was substantially higher than underlying growth. Orders grew 20% organically, offering a separate indicator of demand rather than completed sales.
Confirmed
What to watch
- Compare coming quarters’ organic revenue growth with the 7.6% reported this quarter to see whether demand is translating into sales beyond acquisition-related growth. Analyst inference
- Track whether ITT delivers its raised full-year adjusted earnings-per-share guidance of $8.54–$8.62; adjusted earnings exclude certain items from the reported figure. Confirmed
- Watch for evidence that cost synergies, meaning savings from combining operations, arrive as planned and that revenue synergies lead to additional sales. Analyst inference
Evidence
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