Illinois Tool Works (ITW) Tops Q2 EPS by 5c; Raises Outlook

Illinois Tool Works (NYSE: ITW) reported Q2 EPS of $1.69, $0.05 better than the analyst estimate of $1.64. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.61 billion.

GUIDANCE:

Illinois Tool Works sees FY2017 EPS of $6.32-$6.52, up from prior guidance of $6.20 to $6.40 per share, versus the consensus of $6.38.

Illinois Tool Works sees Q3 2017 EPS of $1.57-$1.67, versus the consensus of $1.66.

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

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