Illinois Tool Works (ITW) Reports In-Line Q4 Revenue, Offers FY Guidance
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ITW Reports Fourth Quarter and Full Year Results
January 31, 2020 8:00 AM ESTFourth-Quarter 2019 Highlights
GAAP EPS $1.99, an increase of 9%, including $0.11 of divestiture gainsTotal revenue declined 3.1%; organic revenue down 1.6%Operating margin of 23.7%; 24.1% excluding 40 basis points of higher restructuring expensesAfter-tax ROIC of 28.9%, an increase of 120 basis pointsFree cash flow was 114% of net incomeFull-Year 2019 Highlights
GAAP EPS $7.74, an increase of 2%Total revenue declined 4.5%; organic revenue down 1.9%Operating margin of 24.1%;... More