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ITT Q2 Earnings Call Highlights
['Danessa Lincoln']
Markets Daily
ITT (NYSE:ITT) reported record second-quarter results for 2026, citing organic growth across its portfolio, contributions from acquisitions and continued margin expansion.
CCT also recorded organic revenue growth of 17%, supported by commercial aerospace, defense and industrial connectors.
Flow Technologies recorded 123% total revenue growth and 21% organic growth.
Excluding SPX FLOW, Flow Technologies expanded margins by 70 basis points, according to Savi.
Free cash flow guidance was raised to a midpoint of $565 million, with a projected free cash flow margin of 10% to 11%.