Illinois Tool Works (ITW) Guides Q2 EPS In-Line, FY08 Below the Street
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Illinois Tool Works Inc. (NYSE: ITW) sees Q2 EPS in the range of $0.94-$1.00, versus the consensus of $0.97. For the FY08, Illinois Tool Works expects to report EPS of $3.35-$3.49, versus the Street estimate of $3.64.
The Q2 estimate represents 9-12% revenue growth, while the FY08 guidance represents 8-12% sales growth.
Illinois Tool Works, Inc. manufactures a range of industrial products and equipment.
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