UPDATE: Illinois Tool Works, Inc. (ITW) Tops Q2 EPS by 1c; Cuts FY12 Outlook, Guides Q3 EPS

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(Updated - July 24, 2012 7:43 AM EDT)

Illinois Tool Works, Inc. (NYSE: ITW) reported Q2 EPS of $1.11, $0.01 better than the analyst estimate of $1.10. Revenue for the quarter came in at $4.66 billion versus the consensus estimate of $4.86 billion.

Now sees FY12 EPS of $4.03 to $4.19, from $4.14 to $4.48 prior and the consensus of $4.14.

Additionally, the company expects Q3 EPS of $1.03 - $1.11, versus $1.10 consensus.

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

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