Illinois Tool Works (ITW) Tops Q2 EPS by 31c
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ITW Reports Second Quarter 2020 Results
July 31, 2020 8:00 AM EDTTotal revenue of $2.6 billion as organic revenue declined 27%Operating margin of 17.5%Operating income of $449 millionGAAP EPS of $1.01Free cash flow of $681 million, 213% of net income
GLENVIEW, Ill., July 31, 2020 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its second quarter 2020 results.
Our performance in the second quarter clearly demonstrates that the progress we have made on executing our long-term enterprise strategy has put ITW in a position of considerable strength in managing through the effects of the global pandemic, said E. Scott... More
