Illinois Tool Works (ITW) Tops Q2 EPS by 16c; Maintains Outlook

Illinois Tool Works (NYSE: ITW) reported Q2 EPS of $2.37, $0.16 better than the analyst estimate of $2.21. Revenue for the quarter came in at $4 billion versus the consensus estimate of $3.97 billion.

GUIDANCE:

Illinois Tool Works maintains FY2022 EPS of $9.00-$9.40, versus the consensus of $9.04. Maintaining full-year 2022 guidance including organic revenue growth of 7% to 10%.

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

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