Engineered components manufacturer for critical industries ITT Inc. (NYSE: ITT) will be reporting earnings tomorrow before market hours. Here’s what to expect.

ITT met analysts’ revenue expectations last quarter, reporting revenues of $885.2 million, up 7.7% year on year. It was a mixed quarter for the company, with a decent beat of analysts’ EBITDA estimates but organic revenue in line with analysts’ estimates.

Is ITT a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting ITT’s revenue to grow 12% year on year to $928.3 million, improving from the 7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.47 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. ITT has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 1.7% on average.

Looking at ITT’s peers in the gas and liquid handling segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Standex delivered year-on-year revenue growth of 6.4%, beating analysts’ expectations by 0.5%, and IDEX reported revenues up 9.4%, falling short of estimates by 0.6%. Standex traded down 2.2% following the results.

Read our full analysis of Standex’s results here and IDEX’s results here.

Investors in the gas and liquid handling segment have had steady hands going into earnings, with share prices up 1.7% on average over the last month. ITT is up 3.7% during the same time and is heading into earnings with an average analyst price target of $172.60 (compared to the current share price of $148.82).

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