ITW Reports Record First Quarter 2021 Results
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Illinois Tool Works (ITW) Tops Q1 EPS by 21c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus
April 30, 2021 8:02 AM EDTIllinois Tool Works (NYSE: ITW) reported Q1 EPS of $2.11, $0.21 better than the analyst estimate of $1.90. Revenue for the quarter came in at $3.54 billion versus the consensus estimate of $3.44 billion.
Total revenue of $3.5 billion, an increase of 10%Organic growth of 6%, 8% on an equal days basisRecord Q1 financial performance:Operating income of $905 million, an... More