Illinois Tool Works (ITW) Tops Q3 EPS by 10c

Illinois Tool Works (NYSE: ITW) reported Q3 EPS of $2.35, $0.10 better than the analyst estimate of $2.25. Revenue for the quarter came in at $4 billion versus the consensus estimate of $3.9 billion.

GUIDANCE:

Illinois Tool Works sees FY2022 EPS of $9.45-$9.55, versus the consensus of $9.05.

• organic revenue growth guidance to 11 to 12%

For earnings history and earnings-related data on Illinois Tool Works (ITW) click here.

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